S. Walter Packaging recently acquired Packaging Specialties, with operations in Portland, OR, and a new location in Seattle, WA. This acquisition will expand S. Walter’s geographic presence in the Pacific Northwest, coupled with an increasing ability to service customers on a national basis. Packaging Specialties is well-known in their local market and S. Walter is dedicated to maintaining a local presence in the region. Packaging Specialties will now be known as Packaging Specialties by S. Walter and will use the tagline “Locally grown, nationally known.”
This is a very exciting time at S. Walter, as we continue to expand our geographic presence across the U.S.—Kokoseike
“We are thrilled to welcome the Packaging Specialties team to the S. Walter family,” says Kurt Koloseike, president and CEO of S. Walter Packaging. “This is a very exciting time at S. Walter, as we continue to expand our geographic presence across the U.S. by expanding our internal team and by acquiring companies like Packaging Specialties that have the talent and capabilities that we value.”
This is the first acquisition of 2016 and it’s third since coming under new ownership in late 2014, says Rick Gettlin, CFO at S. Walter Packaging. “The entire executive team at S. Walter is committed to and excited about growing the company both organically and through acquisition,” he says.