Graphic Packaging's Veritiv Acquires S. Walter, Boosting Specialty Packaging Capabilities
- Veritiv enhances its specialty packaging market position by acquiring S. Walter Packaging Corp.'s distribution business.
- The acquisition expands Veritiv's service capabilities in retail packaging, customization, and innovative solutions for premium brands.
- Integrating S. Walter's operations strengthens Veritiv's market reach and commitment to tailored packaging solutions for diverse industries.
### Strategic Acquisition Enhances Veritiv's Packaging Distribution Capabilities
Veritiv Operating Company solidifies its position in the specialty packaging market with the recent acquisition of S. Walter Packaging Corp.'s packaging distribution business. This acquisition, announced on September 2, 2025, allows Veritiv to integrate S. Walter’s extensive experience and established customer base into its own operations. Founded in 1904, S. Walter delivers custom packaging solutions tailored for various sectors, including retail, hospitality, food & beverage, and fashion. The acquisition not only strengthens Veritiv’s specialty packaging business but also aligns with its strategic goal of enhancing service offerings in high-value markets.
CEO Sal Abbate emphasizes that the integration of S. Walter's capabilities will significantly enhance Veritiv's service portfolio, particularly in high-demand areas such as retail packaging. By leveraging S. Walter's expertise, Veritiv aims to provide improved speed, customization, and innovative solutions that meet the evolving needs of premium brands. This move positions Veritiv to deliver comprehensive packaging solutions that resonate with modern retailers and consumers, thus reinforcing its leadership status within the industry.
The acquisition also enables Veritiv to expand its direct-to-store services and multi-brand kitting capabilities. COO of S. Walter, Rob Cunningham, expresses excitement over the partnership, highlighting the potential for growth and enhanced service offerings through Veritiv's strengths in packaging distribution, automation, design, and fulfillment services. Both companies anticipate that this collaboration will lead to greater value for their customers, combining their resources and expertise to meet the complexities of today’s fast-paced market.
In addition to enhancing its service capabilities, Veritiv's acquisition strategy reflects a broader trend within the packaging industry, where companies seek to consolidate resources and leverage synergies to better serve their clients. As consumer demands for customized and sustainable packaging solutions increase, strategic acquisitions like this position firms to adapt and thrive in a competitive landscape.
Veritiv, headquartered in Atlanta, supports a diverse range of industries across North America and globally. By integrating S. Walter's operations, Veritiv not only expands its market reach but also reinforces its commitment to providing innovative and effective packaging solutions tailored to specific customer needs. The legal advisory for this transaction was provided by McDermott Will & Schulte, ensuring a smooth transition as both companies embark on this new chapter. For further details about Veritiv's offerings, visit their website at www.veritiv.com.