Press Release: Veritiv Acquires S. Walter Packaging Corp.

Dow Jones
2025/09/03

ATLANTA, Sept. 2, 2025 /PRNewswire/ -- Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced today that it has acquired the packaging distribution business of S. Walter Packaging Corp., a provider of custom packaging solutions serving retail, hospitality, food & beverage, and fashion markets.

"This acquisition supports Veritiv's strategy to grow our core specialty packaging business, particularly in high-value segments such as retail packaging," said Sal Abbate, Chief Executive Officer of Veritiv. "S. Walter brings a long-standing customer base and together, we will continue to grow in our ability to serve premium brands with speed, customization, and innovation."

The addition of S. Walter complements Veritiv's packaging distribution business, enhances our direct-to-store services and strengthens our multi-brand kitting and premium packaging capabilities. These combined strengths reinforce Veritiv as a leader in the packaging industry by delivering end-to-end solutions that meet the needs of today's brands and retailers.

"Becoming part of the Veritiv team marks an exciting new chapter for S. Walter, expanding our reach with Veritiv's strengths in packaging distribution, automation, design, and fulfillment services," said Rob Cunningham, SVP and Chief Operating Officer of S. Walter. "The road ahead is full of opportunity, and I'm confident that our combined strengths will deliver even greater value to our customers," adds Gordon Summerfield, SVP of Sales and Marketing for S. Walter.

Founded in 1904, S. Walter has built a strong reputation in custom packaging and promotional products. They have 110 employees with operations in Trevose and Shoemakersville, Pa.

Advisors

McDermott Will & Schulte served as legal advisor to Veritiv on the transaction.

About Veritiv

Headquartered in Atlanta, Veritiv Operating Company is a leading full-service provider of packaging solutions. Additionally, Veritiv provides JanSan, hygiene, print and publishing products and services. Serving customers in a wide range of industries both in North America and globally, Veritiv has distribution centers primarily in the U.S. and Mexico, with additional resources and team members around the world helping shape the success of its customers. For more information about Veritiv and its business segments visit www.veritiv.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/veritiv-acquires-s-walter-packaging-corp-302544140.html

SOURCE Veritiv Operating Company

 

(END) Dow Jones Newswires

September 02, 2025 17:09 ET (21:09 GMT)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10