SupplyOne, a North American custom corrugated and value-added packaging solutions distributor, has announced the acquisition of custom corrugated boxes and displays supplier Gulf Packaging.
The acquisition marks the 42nd addition to the SupplyOne portfolio since its inception 25 years ago.
This will strengthen the company's strategic growth and dedication to offering comprehensive packaging solutions across North America.
This move aims to expand SupplyOne's reach in the US Southeastern region, including Alabama, Florida, Georgia, Louisiana, Mississippi, and Tennessee.
Gulf Packaging was founded in 1990 and operates from Bay Minette and Tallassee in Alabama.
The company manufactures custom corrugated products with quick production turnaround, which makes it a reliable partner for various industries in the region.
Gulf Packaging CEO Larry Taylor said: "As a privately owned company for over three decades, finding a partner that values our legacy of superior service and dedication to our employees was paramount.
“SupplyOne shares our commitment to customer satisfaction and offers the resources and support to expand our capabilities and reach across the country. We are excited about the opportunities this partnership brings to our customers and team members."
SupplyOne, a portfolio company of Wellspring Capital Management, is an independent distributor and manufacturer of corrugated and value-added packaging products, equipment, and services.
SupplyOne president and CEO Todd Renehan said: "Welcoming Gulf Packaging into the SupplyOne family enhances our ability to deliver customised, high-quality packaging solutions to our customers in the Southeast and fills what was a large geographic opening for SupplyOne. Gulf's reputation for excellence and customer-centric approach aligns perfectly with our mission to provide unparalleled service and innovative packaging solutions nationwide."
