Pregis acquires Surface Guard; adds protective film, cohesive material, single-face corrugated to product portfolio
DEERFIELD, Ill., May 2, 2013 /PRNewswire/ -- Pregis Corporation, a leading supplier of protective packaging solutions, has acquired Surface Guard, Aurora, Ill., for an undisclosed amount. The acquisition will add new protective film, cohesive material and single-face corrugated manufacturing capability to Pregis' product portfolio.
"Pregis has partnered with Surface Guard on customer projects for a number of years. Our collaborative relationship already has proven that our product technologies, go-to-market strategies and core values are well aligned. The acquisition takes the relationship one step further. We believe that by operating as a unified company, we create a competitive advantage and greater value for our customers," said Kevin Baudhuin, president and chief executive officer of Pregis.
Pregis will continue to operate Surface Guard's two Aurora facilities. Its 79 employees will be joining Pregis' 2,000-member worldwide team. Surface Guard founders James Heimann, Patrick Dillon and Steve Malinowski also will be joining Pregis.
"Over the past few years, Pregis has completed several protective packaging acquisitions. Our objective is to strengthen our competitive position, expand our product portfolio and infuse new research and development, as well as sales expertise into our organization. We believe that this acquisition will benefit our mutual customers across all segments and channels," said Mr. Baudhuin.
The new, combined product portfolio will bring even more protective packaging solutions to target markets including automotive, fulfillment, building products, appliances, furniture, pharmaceuticals and aerospace. The company also expects to address high-end retail and consumer packaging requirements via custom-designed, single-face corrugated packaging solutions.
"Surface Guard was founded 15 years ago with the goal of providing the highest quality products backed by great customer service. We look forward to combining our product line and expertise with Pregis' extensive offering to create an even higher level of innovation while creating growth opportunities for our customers and employees," said Mr. Heimann.
About Surface Guard
Founded in 1998, Surface Guard is a diverse manufacturer of protective packaging solutions. The company is known for its Surface Guard® protective films and Pack and Guard® cohesive packaging materials. For those seeking paper-based packaging alternatives, Surface Guard offers both wave-flute and single-face corrugated options. For more information: www.surfaceguard.com.
Pregis Corporation is a leading global provider of innovative protective packaging materials and systems. The company offers solutions for a wide variety of consumer and industrial market segments including food, beverage, healthcare, medical devices, agricultural, e-commerce, retail, automotive, furniture, electronics, construction and military/aerospace. Pregis currently operates 27 facilities in 10 countries in North America and Europe. For more information, visit www.pregis.com.
SOURCE Pregis Corporation
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