Atlantic Packaging Acquires Skybox Packaging
Atlantic Packaging Products Ltd. (“Atlantic”) is a leading Canadian manufacturer of containerboard and corrugated packaging products. The largest privately owned fully integrated corrugated packaging company in Canada, Atlantic provides customers with a total packaging solution through its recycled paper mills, corrugated packaging and paper bag manufacturing, and supply chain products.
Atlantic Packaging sought to expand its foothold in the US market, while adding depth to their box manufacturing and packaging supplies distribution capabilities. Atlantic is actively looking for additional partnership opportunities with independent US firms in the corrugated packaging supply chain.
G2 Capital Advisors is engaged as Atlantic’s exclusive strategic advisor to run a targeted M&A strategy that is at the core of Atlantic’s US growth initiative.
Atlantic acquired Skybox Packaging, a manufacturer of custom corrugated packaging and distributor of
packaging supplies located in Mansfield, Ohio.
“The acquisition is a natural fit that acts as a seed investment to grow our manufacturing platform in Ohio. Mansfield is a terrific location from which to grow thanks to its proximity to multiple key target markets,” says Atlantic’s President, Dave Boles.
G2 sees significant opportunity for additional partnerships between Atlantic and independent corrugated packaging.