The companies’ integration is also expected to result in $40m total synergies over the 36 months following the deal’s completion. This new product line is designed to be more easily recyclable by allowing smooth separation of the liquid barrier coating from the paper. It is the product of a series of mergers and acquisitions. Graphic Packaging International mostly makes small boxes out of. GPI is one of the largest manufacturers of paperboard and paper-based packaging materials in the world, with 130 facilities worldwide. The transaction is estimated to add $1.1bn in annual sales for Graphic Packaging and $160m in annual adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA). Partnering with our customers to deliver creative graphic design solutions for your on-package and virtual needs. OptiCycle’s advanced coating technology allows Graphic Packaging International to reduce the amount of material used without sacrificing performance expectations. The plant formerly belonged to International Paper, the largest paper company in the USA. Graphic Packaging provides sustainable fibre-based packaging solutions for various sectors, including the food, beverage and foodservice industries.Įarlier this month, the company agreed to buy European fibre-based packaging producer AR Packaging in a deal worth almost $1.45bn in cash. and paper-based packaging for some of the worlds most. GPI manufactures paperboard and folding cartons for a wide range of popular consumer goods, particularly beverages and packaged food. Graphic Packaging International, LLC is an Equal Opportunity Employer. It is a leading company in the design and manufacturing of packaging for commercial products. “We have unique flexibility to quickly meet changing demand patterns for sustainable packaging solutions and deliver value for all stakeholders.”ĭoss said that the partnership had been mutually beneficial and provided returns for both companies. Graphic Packaging Holding Company is a Fortune 500 corporation based in Sandy Springs, Georgia, United States. Our vegetable and fruit packaging covers a wide range of applications to deliver an effective paper-based solution.“Through the combination with International Paper’s consumer packaging business, along with our other organic and inorganic growth initiatives, we have built scale across all three paperboard substrates. From small single items through to the largest of multipacks, the range covers a wide variety of fruit and vegetables. 10, 2020 /PRNewswire/ - Graphic Packaging Holding Company (NYSE: GPK ), (the 'Company' or 'Graphic Packaging'), announced today that International Paper has notified the. The patented internal corner design provides compression strength allowing packs to be stacked in multiple layers without damage to produce. Innovative solutions for crate covers and melon carry packs are also available.Ĭonstructed from paperboard made from renewable plant-based fiber from sustainably managed forests, ProducePack fruit and vegetable packaging presents a premium ‘artisan-look’ alternative to existing plastic-based packaging substrates for brands and retailers looking to create differentiation in their produce offering. Novel features such as easy-carry handles and strengthened corners allow for ease of handling throughout the supply chain. The ProducePack carton range can be hand or machine packed for smaller scale or mass production. The visually stunning, easy to carry packs create great impact in the fresh produce aisle. Learn about Graphic Packaging International’s commitment to proactive safety and quality measures. Conference Call The Company will host a conference call at 8:30 am eastern time today. Use our Product Comparison Guide to help you understand the product options we offer and find the paper cup that’s right for you. ProducePack™ is a line of paperboard produce packaging that offers a variety of shelf-ready solutions for protecting and preserving fresh fruit and vegetables. Graphic Packaging (NYSE: GPK) aims to deliver sustainable packaging for its customers with a 640,000-square-foot paper mill that will turn box cardboard into thinner paperboard packaging. Graphic Packagings financial adviser was BofA Merrill Lynch and Alston & Bird LLP acted as legal counsel. Paperboard Packaging: Paper Packaging Manufacturer - Graphic Packaging International Home Paperboard Paperboard The world’s most valued brands rely on our paperboard for a variety of reasons, including our exacting standards and unique fiber blends.
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