Veritiv Operating Company has acquired the packaging distribution division of S Walter Packaging to enhance its specialty packaging services and market reach.

Target Company Overview

Veritiv Operating Company has successfully acquired the packaging distribution division of S Walter Packaging, a company established in 1904. S Walter specializes in providing custom packaging solutions across various sectors, including retail, hospitality, food and beverage, and fashion. With a workforce of 110 employees, the company operates out of facilities located in Trevose and Shoemakersville, Pennsylvania.

Rob Cunningham, the Senior Vice President and Chief Operations Officer of S Walter, expressed enthusiasm about this new partnership, stating that joining Veritiv marks an exciting new chapter for the company. He believes this integration will expand S Walter's reach and enhance the services they offer through Veritiv's strengths in packaging distribution, automation, design, and fulfillment.

Industry Overview

The packaging industry in the United States has been experiencing significant growth due to increasing demand across various sectors, including e-commerce, food and beverage, and retail. Major trends driving this growth include sustainabili