US company Inland Paperboard and Packaging has announced that it has acquired the converting operations of Mack Packaging Group, in Chicago, Illinois, and Mishawaka, Indiana. Inland acquired these assets from Alwin Kolb GmbH & Co. of Germany.
The exact terms of the transaction will not be disclosed.
The addition of these converting operations furthers Inland's integration and extends the company's market reach to better serve a growing customer base.
Inland Paperboard and Packaging manufactures containerboard and packaging products that are widely used in the food packaging industry. The company owns seven paper mills, 50 per cent of a joint venture gypsum board facing paper mill and 84 converting facilities in the US, Puerto Rico and Mexico.
Based in Indianapolis, Inland is a wholly owned subsidiary of Temple-Inland. Temple-Inland is based in Austin, Texas, and its common stock is traded on the New York Stock Exchange and the Pacific Exchange.