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Veritiv Completes Acquisition of All American Containers

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Veritiv Corp., Atlanta, Ga., USA, a North American leader in business-to-business distribution, this week completed the acquisition of All American Containers, Miami, Fla., a family-owned and operated leading distributor of rigid packaging, including plastic, glass and metal containers, caps, closures, and plastic pouches. 

"The acquisition of All American Containers aligns well with our strategy of investing in higher growth and higher margin segments of our business," said Mary Laschinger, chairman and CEO of Veritiv. "Through this acquisition, Veritiv is gaining important expertise in rigid plastic, glass, and metal packaging that complements our industry-leading portfolio of packaging products and services. Over the past two decades, All American Containers has experienced significant year-over-year growth that can be attributed to the leadership and dedication of the company's ownership and employees."

The acquisition provides Veritiv additional marketing, selling, and distribution channels into the growing U.S. rigid packaging market. The rigid packaging market's primary segments include paperboard, plastics, metal, and glass. 

All American Containers had trailing 12 month revenues of approximately $225 million as of June 30, 2017. The company has approximately 260 employees and more than 1 million sq. ft. of warehousing facilities strategically located in Miami and Tampa, Fla.; Atlanta, Ga.; Somerset, N.J.; Pittsburgh, Pa.; Chicago, Ill.; Houston, Texas; Kalama, Was.; Catano, Puerto Rico; and in Simi Valley, Windsor, Santa Rosa, and San Leandro, Calif.  

Veritiv Corp., a Fortune 500 company, is a business-to-business distributor of packaging, facility solutions, print and publishing products and services, and also a provider of logistics and supply chain management solutions. Serving customers in a wide range of industries, the company has approximately 160 operating distribution centers throughout the U.S., Canada, and Mexico, and employs approximately 8,700 team members who help shape the success of its customers.

 

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