Berlin Packaging buys Diablo Valley Packaging
The deal is Berlin Packaging’s second acquisition in three months, sixth in five years.
Rigid packaging supplier Berlin Packaging LLC is making its second acquisition in three months, buying California-based Diablo Valley Packaging Inc. for an undisclosed sum.
In addition to adding US$125 million in annual sales, the deal is intended to boost its business in California and the Pacific Northwest, Berlin Packaging said in a statement.
The deal, which closed Nov. 10, follows a previous acquisition of Vivid Packaging Inc. of Cleveland in September.
“By combining the strengths of both companies, this acquisition helps us meet our high growth goals and solidifies our position as the industry’s largest, most comprehensive, and most customer-focused rigid packaging supplier,” Andrew Berlin, the CEO of Chicago-based Berlin Packaging, said in a statement.
Along with plastic containers, Diablo also distributes glass containers and closures. All of Diablo’s managers and front-line personnel will remain with the company, Berlin Packaging said.
The purchase is Berlin Packaging’s sixth 2010. In addition to the Diablo and Vivid Packaging deals, the company has also acquired Pittsburgh-based All-Pak, Chicago-based Continental Packaging Solutions, Connecticut-based Lerman Container, and California-based United States Container Corporation.