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Veritiv Expands Its Dominance in Specialty Packaging Through Acquisition of S. Walter Packaging Corp.

Veritiv Operating Company, recognized as a leading provider in specialty packaging distribution and facility solutions, has announced its acquisition of S. Walter Packaging Corporation's packaging distribution division. This strategic move aims to bolster Veritiv's specialist packaging segment, particularly in lucrative markets such as retail, hospitality, food and beverage, and fashion.

A Step Towards Growth

CEO Sal Abbate expressed his enthusiasm about the acquisition, highlighting that it aligns with Veritiv's strategy to expand its core offerings in specialty packaging. Acquiring S. Walter, which has built a loyal customer base over the years, positions Veritiv to enhance its services, focusing on speed, customization, and innovation to meet the evolving demands of premium brands.

This acquisition is not just a business expansion; it’s a merger of capabilities. Veritiv anticipates improved direct-to-store services and robust multi-brand kitting and premium packaging solutions. As both companies combine their strengths, Veritiv aims to affirm its status as a key player in the packaging industry, dedicated to delivering comprehensive solutions tailored to the needs of modern retailers.

The Legacy of S. Walter Packaging

Founded in 1904, S. Walter has long been known for its expertise in custom packaging and promotional products. With a workforce of approximately 110 employees and operations located in Trevose and Shoemakersville, Pennsylvania, S. Walter's reputation for quality and service will be an asset to Veritiv's already extensive portfolio.

Rob Cunningham, SVP and COO of S. Walter, remarked on the exciting journey ahead, expressing confidence that the integration of their strengths with Veritiv will significantly enhance customer value. Gordon Summerfield, SVP of Sales and Marketing for S. Walter, echoed this sentiment, emphasizing that the expanded capabilities will lead to greater opportunities for both teams.

The Vision Ahead

The packaging industry is continuously changing, with demands for innovative and sustainable solutions at an all-time high. For Veritiv, the integration of S. Walter’s offerings enriches its capacity to deliver effective end-to-end packaging solutions that align with the latest trends and customer expectations.

Beyond enhancing its product range, Veritiv's acquisition signifies a commitment to adapt and grow within the packaging distribution landscape. The merger will not only expand Veritiv's service capabilities but will also provide customers with enhanced customization options, vital for standing out in today's competitive markets.

As the industry moves forward, the collaboration between Veritiv and S. Walter positions both companies for success. With Veritiv's established distribution channels and S. Walter’s innovative packaging solutions, the future appears bright, with endless possibilities for both organizational growth and improved customer satisfaction.

For more information about Veritiv and its extensive services across various industries, please visit Veritiv's Official Website.