Specialized Packaging Group Completes Acquisition of Pacific Pulp Molding

Pacific Pulp Molding designs and manufactures highly engineered molded pulp and molded fiber packaging products and solutions.

Oct. 5, 2022 - Specialized Packaging Group (SPG), a vertically integrated provider of protective packaging products, announced today that the company has acquired San Diego, California-based Pacific Pulp Molding, Inc. Pacific Pulp is a manufacturer of molded pulp and molded fiber products.

The acquisition will enhance SPG's existing capability set in its ProtecPac division, expanding the company's product offerings and geographic reach while adding approximately 50 employees to its 1,600-person workforce.

Pacific Pulp leadership and the company's full workforce will continue to operate in their current locations in San Diego and Tijuana, Mexico.

"The addition of Pacific Pulp to our ProtecPac division means we will be adding world-class molded pulp and molded fiber capabilities to an operation that is already an industry leader," said SPG CEO Paul Budsworth. "We are excited to strengthen our presence in the growing sustainable packaging market, allowing us to better serve our customers."

Pacific Pulp President John McNeil, said, "Over the last several years, Pacific Pulp has grown by focusing on highly engineered molded pulp and molded fiber solutions geared towards adding more sustainable packaging products to our customers' global supply chains. With SPG, we have found a partner that shares our vision and has the resources to accelerate our growth plans in new and existing markets."

Specialized Packaging Group, Inc. is a vertically integrated provider of protective packaging products and one of the largest independent manufacturers of protective packaging in North America. The company operates under three divisions: ProtecPac, IVEX, and Packaging Concepts & Design (PC&D). ProtecPac designs and manufactures customized packaging solutions at ten facilities in the U.S. and Mexico; IVEX manufactures a range of packaging materials at six facilities across the U.S., Canada and Mexico, and PC&D is a leader in the design and delivery of highly engineered packaging products and solutions.

SOURCE: Specialized Packaging Group