# Supremex completes acquisition of Stuart Packaging in Canada

Supremex has completed its acquisition of Montreal-based folding carton maker Stuart Packaging for $17.5 million on a cash-free, debt-free basis, plus $2.1 million payable over 24 months subject to targets.

- Type: Acquisition
- Announced: 2017-07-20
- Where: Montreal, Quebec, Canada
- Value: $17.5M
- Status: completed
- Capacity: 68,000 sq ft facility
- Products: folding cartons
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Supremex](https://endata.com/companies/455.md) (acquirer)
- [Stuart Packaging](https://endata.com/companies/1810.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/supremex-acquires-canadas-stuart-packaging-5878305/), 2017-07-20: "Supremax concluded the transaction for $17.5m on a cash-free and debt-free basis."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.