Berlin Packaging, Leading Supplier of Packaging, Completes Acquisition of All-Pak, Inc.
CHICAGO, March 1 /PRNewswire/ -- Berlin Packaging, a leading full-service supplier of plastic, glass, and metal containers and closures, announced today it has completed its acquisition of All-Pak, Inc., a Pittsburgh, PA-based packaging supplier. Berlin announced a definitive agreement to acquire All-Pak, Inc. on February 8, 2010.
"We are excited to complete our transaction with All-Pak," said Andrew T. Berlin, Chairman and CEO of Berlin Packaging. "The combined company has an even stronger product and service offering, delivered by an outstanding team. We are focused on a smooth integration, which will allow us, even more than before, to thrill our customers with faster growth, improved system costs and greater productivity."
The acquisition brings together two world-class, ISO-certified suppliers of rigid packaging products and services. The combined company has over 40 sales and warehouse locations across the U.S. and Puerto Rico. Customers will now have access to a broader network of expertise, with deep knowledge in personal care, pharmaceutical, lab supplies, food and beverage, chemical and industrial, dangerous goods packaging and other vital sectors. Furthermore, customers can take advantage of an expanded array of services, including custom packaging design, international sourcing, capital lending, supply chain optimization, inventory management and assembly.
Berlin Packaging is headquartered in Chicago, and the All-Pak division will maintain a significant operational presence at all of its geographical locations.
Berlin Packaging is a portfolio company of Investcorp, the alternative asset management firm.
About Berlin Packaging
Berlin Packaging is one of North America's largest stocking suppliers of plastic, glass, and metal containers and closures. Revenues are approaching $500 million. With 100 salespeople and over 40 sales and warehouse locations across the United States, along with its headquarters in Chicago, Berlin Packaging supplies billions of containers and closures, as well as design, labeling, filling, and sourcing services to companies both small and large. The company serves national and private-label brands in a multitude of markets including personal care, pharmaceutical and health care, food and beverage, chemical and industrial, veterinary, laboratory, and other vital sectors.
Berlin's approach to business is to focus and successfully demonstrate, quantifiably, on improving customers' net income. Berlin prides itself on finding the best solutions to help its partners achieve faster growth, lower system costs, and greater productivity. At Berlin Packaging, Anything is Possible™.
Berlin Packaging has over 25,000 stock keeping units available and will work with its customers on any custom, non-stock needs.
Berlin Packaging also has a wide array of product and service divisions. Studio One Eleven, Berlin's full-service design division, creates custom packaging, graphics, and branding solutions. Berlin Global Packaging Group provides global sourcing solutions from management to transportation and logistics. Freund Container is Berlin Packaging's "need-it-now" rigid and flexible packaging provider with no quantity requirements. Qorpak is a global supplier of laboratory supplies and stock packaging. The Dangerous Goods Division offers safe, economical, UN-certified packaging solutions to shipping dangerous goods and meeting regulatory compliance. E3, Berlin Packaging's supply chain management system, serves the needs of the customer's entire operation by improving productivity. Berlin Financial Services offers flexible financing and competitive leasing opportunities for any equipment needs.
Berlin Packaging is the only rigid packaging distributor to be ISO 9001:2008 certified and to gain Customs-Trade Partnership Against Terrorism (C-TPAT) certification. This focus on operational excellence has yielded 99+% on-time delivery every month for more than five years.
You can learn more by speaking with a packaging consultant at 1-800-2-BERLIN, or by visiting the following sites:
About Investcorp
Investcorp is a leading provider and manager of alternative investment products. It has offices in New York, London and Bahrain and is publicly traded on the London Stock Exchange (IVC) and Bahrain Stock Exchange (INVCORP). Investcorp has five lines of business: private equity, hedge funds, real estate, technology investment, and Gulf growth capital. Founded in 1982, Investcorp has grown to become one of the largest and most diverse alternative investment managers in terms of both product offerings and geography.
Further information is available at www.investcorp.com.
SOURCE Berlin Packaging
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