Supremex Acquires Durabox Paper

Supremex Inc., Montreal, Que., Canada, a manufacturer and marketer of a broad range of stock and custom envelopes and a growing provider of packaging and specialty products, this week announced it has acquired substantially all of the assets of Quebec-based Durabox Paper Inc., a manufacturer of specialty corrugated paper boxes. 

"Through this strategic acquisition, we gain not only a strong, vibrant, and growing consumer packaging business with a positive outlook, we add complementary capabilities, cross-selling opportunities, and vertical integration potential. The addition of the equipment and knowhow allows us to efficiently produce and customize corrugated packaging, broaden the Supremex product offering, and continue to diversify the business," said Stewart Emerson, president and CEO of Supremex.

Founded in 2002, Durabox Paper is one of the few remaining independent corrugators in North America and is a dominant player in their core segment. A family owned and operated business, Durabox employs 50 at its Lachine, Que., facility and serves customers primarily in Central and Eastern Canada as well as in the U.S. Durabox generated approximately $8 million in revenues in its most recent fiscal year. John Nickoletopoulos, president, and the management team will remain with the company.

"We are excited to join forces with Supremex. We believe our manufacturing and customization capabilities are a synergistic compliment to Supremex' packaging offering. Further, with their reach, sales network, and financial support, we now have the resources and network to grow our capacity beyond our existing customer base and deliver even more value to existing customers," said John Nickoletopoulos, president of Durabox Paper.