The US packaging manufacturer JohnsByrne is taking over Municipal Packaging from Los Angeles. With this acquisition, the company is expanding its range of premium and speciality packaging and expanding its geographical presence in the USA.
JohnsByrne, a provider of high-quality folding carton and speciality packaging solutions, has announced the acquisition of Municipal Packaging. The Los Angeles-based company specialises in customised premium packaging. The aim of the transaction is to strengthen JohnsByrne's service portfolio, particularly in the health & beauty packaging market, while establishing a strategic location on the US West Coast.
According to JohnsByrne, Municipal Packaging complements the existing range with additional expertise in the area of customised packaging solutions. At the same time, the acquisition is intended to improve the company's national positioning. JohnsByrne is a portfolio company of GHK Capital Partners based in Greenwich, Connecticut.
Kevin Andrews, President and Chief Executive Officer of JohnsByrne, said the company is committed to building a nationally recognised brand with a focus on innovation, quality and close customer partnerships. Municipal Packaging has a strong reputation in the industry and shares JohnsByrne's entrepreneurial values, he said.
Municipal Packaging also sees advantages in the merger. Matt Helm, President and Chief Executive Officer of Municipal Packaging, said that joining JohnsByrne would enable the company to build on its own strengths and offer customers additional added value. Helm will remain with the company and will oversee the continued expansion of JohnsByrne's West Coast operations.
Expansion of capacities and locations
With the acquisition, two production sites and 75 employees will be transferred to JohnsByrne. In total, the company will now operate five plants in Chicago, Illinois, and Los Angeles, California. According to the company, JohnsByrne and Municipal Packaging intend to develop a joint market cultivation strategy in the coming months, which will be implemented under the JohnsByrne brand. The acquisition is part of the company's long-term growth strategy in the high-quality packaging solutions segment.
Source: JohnsByrne
