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Unisource Global Solutions Concludes Asset Acquisition of Pakit Sweden

Unisource Worldwide’s division, Unisource Global Solutions, a provider of ground-breaking, globally sustainable packaging solutions, has concluded the asset acquisition of Pakit Sweden, which develops and markets molded fiber solutions for use in the packaging industry.

The acquisition of Pakit Sweden by Unisource Global Solutions included the procurement of equipment that utilizes fibers to produce molded fiber packaging, a replacement for traditional petroleum-based packaging such as plastic trays, carriers, containers and bottles. The equipment also consumes significantly very low amount of energy when compared to existing packaging processes and lowers water consumption and emissions.

Unisource Global Solutions offers pioneering and technologically sophisticated packaging design and engineering solutions. The company concentrates on rapidly renewable materials as they provide brand-distinguishing results for customers. Recently, the company won two prestigious awards, namely the CBN Weekly Innovation 50 award and the 2012 LUXE PACK in GREEN award, for its innovative business model and efforts in sustainable packaging solutions.

Unisource Worldwide’s Chief Executive Officer, Al Dragone stated that this acquisition strengthens the company’s dominance in delivering advanced design, research, technology, production and continuing advancements to the packaging industry. It also enhances the company’s capability to meet the requirements of customers in the sustainable packaging field.

Unisource Global Solutions’ President, Gary Miller stated that the acquired molded fiber production equipment will increase the company’s production resources to spur advanced packaging solutions in order to fulfill the industry’s ever-increasing interest towards sustainable packaging.

Source: http://www.unisourceworldwide.com

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