Liberty Diversified International Acquires Omaha Box Company
Omaha Box Company is a designer and manufacturer of custom corrugated cartons and displays.
April 1, 2016 - Liberty Diversified International (LDI) on March 28 said that it acquired the assets of Omaha Box Company, a designer and manufacturer of custom corrugated cartons and displays.
The purchase price was not disclosed.
According to Mike Fiterman, LDI's Chairman and CEO, “We have great respect for the 125-year history of Omaha Box Company and now they will be a part of the LDI family of packaging companies. We will continue manufacturing from their current site under their familiar brand, and we have offered their 50 employees jobs with LDI.”
Fiterman added that LDI's own history as a family-owned company founded in 1918 assures a smooth transition.
Omaha Box Company President Robert M. Knapp, Jr., who will maintain a leadership role with the company, said, “When we decided to sell the company, LDI rose to the top of our list as a buyer because they share similar values, including care for customers, employees and the community.”
Fiterman noted that Omaha Box will be an excellent regional complement to LDI's Liberty Carton Company (LCC) based in Minneapolis. LCC is a designer and manufacturer of corrugated packaging containers and point-of-purchase displays.
“We're continuing to expand our reach in the nation's heartland as we add capacity to serve our packaging customers,” Fiterman said.
Liberty Diversified International is a privately-held family of businesses, which include paper and packaging; furnishings and organization products for the office; building and architectural products; and precision machining. To learn more, please visit: www.libertydiversified.com.
SOURCE: Liberty Diversified International