GREEN BAY, WI—Green Bay Packaging Inc. announced the acquisition of Great Lakes Packaging Corporation and Midland Container Corporation from MidCon Holdings, LLC, an Arbor Investment Company. The acquisition is effective Oct. 31 and terms of the deal were not disclosed.
“The acquisition of Great Lakes Packaging and Midland Container, collectively known as MidCon, is an excellent fit for Green Bay Packaging. MidCon is a perfect fit geographically, strategically and most important from a leadership and cultural approach to their business,” Green Bay Packaging’s President and CEO Will Kress stated. “The acquisition allows us to grow our company, adding two organizations that have an excellent reputation for service and quality, and who run their operations with a similar business philosophy as ours.”
GBP Executive Vice President Bryan Hollenbach added, “The MidCon acquisition strengthens our point of purchase printing and display capabilities, broadens our reach into new markets, and provides us the potential to expand our presence with current customers. It also provides us with a dedicated workforce under great management.”
Midland and Great Lakes Packaging are manufacturers and distributors of corrugated packaging, point of purchase displays and specialty packaging products. According to Beth Hrubesky, they provide products for food and beverage and industrial customers. She added that the acquired plants will remain open and function like Green Bay Packaging’s other divisions.
The two companies add 230 full time employees to Green Bay Packaging’s national workforce of more than 3,000 employees. The company employs a little more than 1,000 people in Brown County.