Packaging Corporation of America recently announced that it has completed its acquisition of the assets of Sacramento Container Corporation and 100 percent of the membership interests of Northern Sheets, LLC and Central California Sheets, LLC in a cash-free, debt-free transaction. Funding for the $265 million price came from cash on hand.
“Completing the acquisition of Sacramento Container, Northern Sheets and Central California sheets continues to further PCA’s strategic objectives,” said PCA Chairman and CEO Mark Kowlzan. “We welcome our new employees to PCA and look forward to quickly integrating these operations into our company.”
Read additional coverage on Page 7 of the October 16 issue of Board Converting News.