Supremex Inc., a LaSalle, Quebec-based manufacturer and marketer of stock and custom envelopes and a provider of packaging and specialty products, has acquired the assets of Lachine, Quebec-based Durabox Paper Inc., which manufactures specialty corrugated paper boxes, especially for the food industry.
"Through this strategic acquisition we gain not only a strong, vibrant and growing consumer packaging business with a positive outlook, we add complementary capabilities, cross-selling opportunities and vertical integration potential,” says Stewart Emerson, president and CEO of Supremex.
“The addition of the equipment and know-how allows us to efficiently produce and customize corrugated packaging, broaden the Supremex product offering and continue to diversify the business," Emerson continues.
Durabox Paper, an independent corrugator company, primarily services customers in Central and eastern Canada and the United States.
"We are excited to join forces with Supremex. We believe our manufacturing and customization capabilities are a synergistic complement to Supremex's packaging offering. Further, with their reach, sales network and financial support we now have the resources and network to grow our capacity beyond our existing customer base and deliver even more value to existing customers," says John Nickoletopoulos, president of Durabox.
According to Supremex, Nickoletopoulos and Durabox’s management team will remain with the company.
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