Menasha has completed the acquisition of PearceWellwood, a corrugated and plastic packaging manufacturer and supply chain solutions provider based in Canada on undisclosed terms.
PearceWellwood will now operate as part of Menasha Packaging Company, a unit of Menasha.
Menasha has also purchased an ownership stake in Tencorr Packaging, a corrugated sheet manufacturer with plants in Brampton and Mississauga, Ontario, from PearceWellwood's parent company, Pearce Group, as part of the agreement signed earlier.
Menasha president and CEO Jim Kotek said: "The acquisition of PearceWellwood provides Menasha Packaging Company a foothold in Canada to better serve new and existing major consumer packaged goods customers located in the region with expertise in display design, manufacturing and fulfillment."
In addition to expanding Menasha Packaging Company's operations to Canada, the acquisition enhances end-to-end merchandising solutions.
Menasha Packaging Company president Mike Waite said: "Acquiring PearceWellwood allows Menasha Packaging to not only expand geographically in Canada with an established facility and manufacturing operation, but to do so with a reputable company that operates with a similar business model and value system.
"The combined companies' packaging offerings and fulfillment capabilities expand Menasha's market-leading footprint and will improve our ability to provide Canadian customers with end-to-end merchandising solutions."
