#Mexico #Monterrey #Specialized Packaging Group #Arkpack

Specialized Packaging Group Expands into Monterrey, Mexico

Specialized Packaging Group (SPG) has made significant strides in its strategic expansion by acquiring the assets of Arkpack de México located in Monterrey, Mexico. This strategic move not only allows SPG to enhance its protective packaging solutions but also reinforces its position in one of the fastest-growing markets in Mexico.

Enhancing Service Capabilities

Arkpack specializes in custom-designed corrugated packaging and foam fabrication, catering to a variety of industries including technology, automotive, and general industrial sectors. The acquisition will improve SPG's existing North American footprint, enabling the company to offer specialized services to a broader customer base.

Paul Budsworth, CEO of SPG, expressed enthusiasm about the new addition. He stated, “This acquisition represents a critical milestone in our strategic vision for growth. Arkpack’s Monterrey facility will strengthen our operational capabilities and enrich our product offerings.” He added that merging Arkpack’s expertise with SPG’s extensive resources will enhance the company’s overall service delivery.

Commitment to Operational Excellence

SPG, which already boasts a workforce of approximately 1,500 employees, is poised to integrate the Arkpack team into its operations seamlessly. The integration presents a robust opportunity for SPG to enhance its revenue streams and secure a more substantial footprint in North America. Arkpack will continue its operations in other locations, including Tijuana and Juarez, Mexico, while contributing to SPG’s overarching goal of operational excellence.

This acquisition marks the ninth addition to SPG’s portfolio since its investment by Altamont Capital Partners in 2020, reflecting the company's commitment to continuous growth and innovation in the protective packaging sector.

Looking Ahead

With more than fifty design engineers and over thirty in-house manufacturing facilities across the U.S., Canada, and Mexico, SPG is committed to delivering innovative and sustainable packaging solutions. By reducing supply chain costs and minimizing environmental impact, SPG is poised to become a leader in the packaging sector throughout North America.

About Specialized Packaging Group

Specialized Packaging Group, Inc. stands tall as one of the largest independent manufacturers of protective packaging solutions in North America. Serving key markets such as technology, automotive, defense, and healthcare, SPG is dedicated to advancing its operational capabilities and expanding its service offerings.

About Altamont Capital Partners

Founded in 2010, Altamont Capital Partners focuses on transforming and scaling lower-middle-market companies. With an impressive track record of partnerships and investments exceeding $4 billion, Altamont specializes in sectors where it has deep expertise, reinforcing its commitment to driving significant business value in its portfolio companies.

In conclusion, SPG’s acquisition of Arkpack de México marks an exciting new chapter in its journey, paving the way for future growth and enhanced service delivery in the packaging sector.