Welch Packaging Acquires Pierce Box and Paper

 
 
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Tag:
Packaging

Industry:
Manufacturing

Location:
Elkhart - Indiana - US

Subject:
Mergers

ELKHART, Ind. - Oct. 30, 2018 - PRLog -- Welch Packaging, a multi-site family owned business concentrated in the Midwest, has acquired Pierce Box and Paper Corporation (Pierce Box), a supplier of corrugated packaging and supplies located in Belvidere, IL.  Terms of the transaction were not disclosed.

Pierce Box's product offerings include corrugated boxes as well as a range of packaging supplies, such as foam, pallets and film.  Acquiring Pierce Box extends the Welch Packaging geographic service area into northern Illinois and southern Wisconsin.  With operations already located in six Midwestern states, this acquisition reinforces Welch's commitment to growth.

Pierce Box and Welch Packaging are both family-owned businesses and meet customer needs through a focus on service, quality and providing cost-effective corrugated products and packaging supplies.  "Pierce Box has a solid reputation with customers as a provider of corrugated boxes and services.  Since its founding in 1953, Pierce Box has been known for responsive, flexible and experienced service," stated Scott Welch, CEO of Welch Packaging.  "Owner Gregg Franchini and key managers John Menzies and Denise Blanken have guided Pierce Box to achieve success over the years.  As Gregg enjoys a successful retirement, we look forward to working with John and Denise to grow Pierce Box and expand our product capabilities to customers."

"In transitioning the ownership of Pierce Box, I was looking for a partner to ensure we realized the growth potential existing in our local market—while maintaining a personal and family-owned culture," said Gregg Franchini, Pierce Box Owner and Chairman.  "John and Denise will work closely with Welch to extend our customer base and expand our packaging solutions for the benefit of our customers."

"Making a difference for our customers, our associates and our communities is what Welch Packaging is all about.  We look forward to partnering with Pierce Box to extend this mission into a new marketplace," concluded Welch.

About Welch Packaging

Founded in 1985 as Elkhart Container, this family-owned business has grown to be a network of packaging companies concentrated in the Midwest. Headquartered in Elkhart, Indiana, Welch Packaging serves markets across 13 locations and 4 distribution centers with over 1,050 associates.  Providing a local approach to business, Welch companies invest in their communities and their associates.  Welch Packaging provides industrial packaging, retail ready packaging and offers assembly and fulfillment services. For more information please visit https://www.WelchPkg.com.

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Tags:Packaging
Industry:Manufacturing
Location:Elkhart - Indiana - United States
Subject:Mergers
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