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HomeNewsVeritiv Targets Growth in Packaging Sector Through Strategic Buyouts

Veritiv Targets Growth in Packaging Sector Through Strategic Buyouts

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Veritiv Operating Company has expanded its packaging distribution business through the acquisition of Quick Pak, Inc. and Stickel Packaging Supply.

The company said the acquisitions are intended to strengthen its presence in Central Florida and enhance market reach across the Northeastern United States.

Established in 1999, Quick Pak supplies films, tapes, strapping products, and packaging equipment to industries including food and beverage, manufacturing, and distribution.

Stickel Packaging Supply, founded in 1987 and operated by its founding family, provides corrugated packaging products, stretch film solutions, tape, and packaging equipment to customers across New Jersey, the greater Philadelphia region, and Northern Delaware.

Veritiv CEO Sal Abbate stated that the acquisitions support the company’s long-term strategic growth plans by adding complementary product offerings and experienced teams that align with Veritiv’s packaging business operations.

Financial details of the transactions were not disclosed.

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