Golden West Packaging Group Acquires Four Independent Northern California Packaging Companies
June 21, 2017 - Golden West Packaging Group LLC has acquired four independent packaging companies: Heritage Solutions, Inc., Capital Corrugated, Inc., PackageOne, Inc., Packaging Innovators Corporation; and their co-owned captive sheet feeder, Cal Sheets, LLC.
This transaction creates a leading West Coast mill-independent system that provides custom packaging to a diversified customer base with an emphasis on the wine, food, produce and e-commerce markets. The combined company offers:
- Custom packaging, folding cartons, and displays
- Extensive production capabilities, including structural and graphic design, value-added converting, flexographic printing and lithographic lamination
- Full-service support, including storage, fulfillment, distribution, packaging supplies, and equipment design and build services
Golden West Packaging Chief Executive Officer Steve Strickland said, “These transactions give Golden West Packaging annual revenue of more than $250 million generated from a portfolio of well-invested assets that includes $35 million in advanced equipment upgrades over the last three years. The companies we have acquired are dedicated to delivering high-quality packaging solutions to their customers. We are eager to work with them to combine our collective experience in exceeding customer expectations and engaging employees in productive and safe operations.”
The Golden West Packaging executive team includes Executive Chairman Steve Klinger and Chief Administrative Officer Craig Hunt. These executives are also involved in Crown Paper Group, Inc., which includes Port Townsend Paper Company (a supplier to Golden West Packaging), Crown Packaging, and Montebello Container.
Golden West Packaging is a holding company created in 2017 by Lindsay Goldberg LLC for investments in the packaging industry.
Information about the acquired companies can be found on their websites:
SOURCE: Golden West Packaging Group LLC