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Veritiv Operating Company acquired substantially all assets of PAX Global, a custom packaging distributor and converter with annual revenue of about $45 million. The deal adds folding carton and film converting capabilities.
Veritiv, a specialty packaging distributor, entered a binding agreement with Orora (ASX: ORA) to acquire its North American packaging distribution and manufacturing business, Orora Packaging Solutions. The deal would strengthen Veritiv's specialty packaging distribution platform in North America. The value was not stated in the excerpt.
Flexi-Hex launched a North America partnership under which Orora Packaging Solutions will stock its full product range, with a focus on demand from the US wine and surfing industries.
UK packaging company Flexi-Hex signed an agreement with California-based Orora Packaging Solutions making Orora its exclusive North American distributor of patented hexagonal recycled fiber protective packaging. The agreement was announced in July 2023.
