# Packaging Corporation of America completes acquisition of Columbus Container

Packaging Corporation of America completed its cash-free, debt-free acquisition of Columbus Container, Inc., an independent corrugated products producer, for $100 million funded from cash on hand.

- Type: Acquisition
- Announced: 2016-11-30
- Where: Columbus, Indiana, United States
- Value: $100.0M
- Status: completed
- Capacity: Expected to increase containerboard production by over 30,000 tons
- Products: corrugated packaging products
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Packaging Corporation of America](https://endata.com/companies/467.md) (acquirer)
- [Columbus Container](https://endata.com/companies/468.md) (target)

## Sources

- [ir.packagingcorp.com](https://ir.packagingcorp.com/news-releases/news-release-details/packaging-corporation-america-completes-acquisition-columbus), 2016-11-30: "Completing the acquisition of Columbus Container is another excellent strategic fit for PCA and we expect to quickly integrate this great organization into our company."
- [asiapapermarkets.com](http://www.asiapapermarkets.com/packaging-corp-of-america-completes-acquisition-of-columbus-container/), 2016-12-01: "Packaging Corp. of America today announced that it has completed its acquisition of Columbus Container, Inc., an independent corrugated products producer in a cash-free, debt-free transaction."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/packaging-corporation-of-america-acquires-columbus-container-for-100m-5686362/), 2016-12-01: "Packaging Corporation of America (PCA) has acquired Columbus Container, a US-based independent corrugated products manufacturer."
- [finance.yahoo.com](https://finance.yahoo.com/news/packaging-corporation-pkg-acquires-columbus-125612483.html), 2016-12-02: "Packaging Corporation of America PKG has completed the acquisition of corrugated products producer, Columbus Container, Inc. for $100 million."

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