US commercial packaging company Graphic Packaging International will be taking over the 100% equity interest in folding carton manufacturer Walter G Anderson (WG Anderson).

Financial details about the acquisition have not yet been disclosed.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Earlier this month, the firm has agreed to take over folding carton supplier Colorpak in a $60m bid.

"The acquisition of WG Anderson is a continuation of our strategy to grow in attractive geographies and end markets."

WG Anderson delivers folding cartons for the store-branded food and consumer product markets. This deal will entitle Graphic Packaging to own WG Anderson’s two sheet-fed, folding carton converting facilities in Hamel, Minnesota, and Newton, Iowa.

Graphic Packaging president and CEO Michael Doss said: "The acquisition of WG Anderson is a continuation of our strategy to grow in attractive geographies and end markets.

"The addition of these two state-of-the-art converting facilities enhances our leadership position in the key North American food and consumer product markets."

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The firm expects to complete the deal within the first quarter of this year, following standard closing conditions and regulatory review.

WG Anderson president and CEO Marc Anderson said: "Our long history of providing our customers with high-quality, value-added packaging solutions, speed to market, and a customer-focused culture will certainly strengthen Graphic Packaging’s global position in the food and consumer product packaging markets."