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Industry News, Mergers and Acquisitions, Printers News

Graphic Packaging to Acquire Metro Packaging & Imaging

Metro Packaging is a printed folding carton producer for food and away-from-home end markets.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Graphic Packaging Holding Company announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has agreed to acquire the converting assets of Wayne, NJ-based Metro Packaging & Imaging, Inc., a printed folding carton producer primarily servicing the food and away-from-home end markets through sheetfed and web press capabilities.

“Metro Packaging is strategically situated near key northeast customers and supports our vertically-integrated model,” Michael Doss, Graphic Packaging’s president and CEO, said. “We look forward to welcoming Armand deTorres, president and CEO of Metro Packaging, and his outstanding leadership team to Graphic Packaging.”

The acquisition is subject to standard closing requirements and is expected to be completed later this week.

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