Minneapolis, Minnesota based Meyers, a provider of sustainable packaging solutions, announced the acquisition of the assets of Johnson Printing and Packaging Corporation (JPP). Meyers said the strategic move underscores its commitment to expanding its footprint in the folding cartons sector.
The acquisition of JPP’s assets will enhance Meyers’ capabilities to serve its clients and those of JPP, by combining resources and expertise, the company said. Meyers and JPP share significant overlap in industry verticals.
“We are excited to welcome JPP’s clients into our operations,” said Christopher Dillon, Meyers’ CEO. “This acquisition, along with our continuous efforts to recruit top talent from across the packaging industry, strengthens our ability to provide superior service to our clients. We are particularly proud to continue offering JPP’s client’s access to an independent, family-owned packaging manufacturer that is deeply committed to sustainability.”
Under the agreement, Meyers will acquire substantially all of the assets of Johnson Printing and Packaging Corporation. Specific financial details of the transaction were not disclosed. Meyers said the integration process will be carried out to ensure uninterrupted service to both Meyers’ and JPP’s clients.