Graphic Packaging International to Acquire Walter G. Anderson Folding Carton Operation

ATLANTA, GAGraphic Packaging International has entered into an agreement to acquire 100 percent of the outstanding equity of U.S. folding carton manufacturer Walter G. Anderson (WG Anderson).

WG Anderson has a focus on store branded food and consumer products markets. The company operates two sheet fed folding carton converting facilities, located in Hamel, MN and Newton, IA.

The WG Anderson deal follows the completion of Graphic Packaging’s takeover of Mexico’s G-Box and it entering a deal to acquire Australia’s Colorpak.

“The acquisition of WG Anderson is a continuation of our strategy to grow in attractive geographies and end markets,” said Michael Doss, Graphic Packaging president and CEO. “The addition of these two state of the art converting facilities enhances our leadership position in the key North American food and consumer product markets. We are also very pleased to welcome Marc Anderson, president and CEO of WG Anderson, and his highly talented workforce to the Graphic Packaging team.”

“We are delighted to join the Graphic Packaging team,” reciprocated Marc. “Our employees and customers will benefit from this combination. Our long history of providing our customers with high quality, value added packaging solutions, speed to market, and a customer focused culture will certainly strengthen Graphic Packaging’s global position in the food and consumer product packaging markets.”