This acquisition increases our North American integrated manufacturing capabilities and marks a crucial step in our manufacturing expansion plan to create an even more resilient supply chain
Inno-Pak, a portfolio company of Emerald Lake Capital Management and a leading designer, manufacturer, importer and supplier of innovative, eco-friendly packaging for prepared and takeout foods, announced that it has acquired Albany Packaging Inc.
Albany specialises in the design and manufacture of custom and stock folding paperboard cartons, including bakery boxes and food packaging items such as trays and takeout boxes. Albany has a manufacturing facility in Ontario, Canada, which services customers across the food service, grocery and convenience store channels.
Chris Sanzone said Chief Executive Officer of Inno-Pak. “This acquisition increases our North American integrated manufacturing capabilities and marks a crucial step in our manufacturing expansion plan to create an even more resilient supply chain. Albany also deepens our ongoing investments in paper capacity as we continue to innovate to make packaging more eco-friendly.”
Jon Sill, Chairman of Inno-Pak, added, “Inno-Pak stands at an important inflection point with several favourable trends in our end markets of the food service, grocery, convenience store and hospitality industries. The acquisition of Albany enhances our ability to capitalise on these positive trends with one of the most diverse custom and stock folding carton programs. With our recent portfolio additions and our continued investments in innovation, we are better positioned to serve our customers.”