Graphic Packaging Completes Acquisition of G-Box, S.A. de C.V.
Jan. 5, 2016 - Graphic Packaging Holding Company (GPK), a leading provider of packaging solutions to food, beverage and other consumer products companies, today announced that its wholly-owned subsidiary, Graphic Packaging International Holdings Mexico, has completed the previously announced acquisition of G-Box, S.A. de C.V., one of Mexico's leading folding carton producers.
"The acquisition of G-Box, with folding carton converting plants in Monterrey and Tijuana, Mexico, strengthens our geographic footprint in the growing Mexican food and beverage marketplace," said Michael Doss, Graphic Packaging's President and Chief Executive Officer.
"These assets also broaden our customer base and allow us to offer our current customers a wider range of products," Doss added.
Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The Company is one of the largest producers of folding cartons and holds a leading market position in coated-unbleached kraft and coated-recycled board. To learn more about Graphic Packaging, please visit: www.graphicpkg.com.
SOURCE: Graphic Packaging Holding Company