Atlanta, Georgia based Veritiv Operating Company, a specialty packaging distributor, announced that it has acquired Arjay Company, including substantially all assets of PPE Sales, LLC, a distributor of packaging solutions serving customers in Long Island and the Greater Metropolitan New York area. The transaction represents the fifth acquisition of 2024 for Veritiv under the leadership of Sal Abbate, Veritiv’s Chief Executive Officer.
“This acquisition is another investment in building on our industry-leading packaging distribution capabilities and national footprint by strengthening our geographic reach,” said Sal Abbate, Chief Executive Officer of Veritiv. “Arjay Company brings to Veritiv a significant and well-established customer base in Long Island, New York – an area previously challenging to serve from our Northeast locations. Acquiring these types of businesses enables us to expand our national platform to better serve customers by combining the strength and scale of Veritiv with the entrepreneurial spirit of these well-run family businesses.”
Ronald Kahane, President of Arjay Company, said their team has a 45-year history of serving businesses in the Long Island and Greater Metropolitan New York area with an unwavering dedication to first-class service. “Joining Veritiv enables us to leverage their established commercial infrastructure, packaging procurement and distribution expertise, and enhanced design and testing capabilities to better serve our customers.”
Veritiv also announced it has completed its acquisition of Orora Packaging Solutions (OPS) after announcing in September that it had entered into a binding agreement with Orora to acquire their North American packaging and distribution business Orora Packaging Solutions.
“The completion of this acquisition is the next step in enhancing the value we are able to deliver to customers,” Abbate said. “Together, Veritiv and OPS will leverage our shared commitment to innovation, sustainability, and exceptional customer experiences, to offer an even wider range of specialty packaging products and value-added solutions. Our unparalleled size and scale position us to best meet our customers’ most complex supply chain needs. We look forward to welcoming OPS’ nearly 3,000 talented employees, loyal customers, and trusted suppliers, and collaborating as one unified team to continue delivering innovative and sustainable products and services to our customers today – and into the future.”
Kelly Barlow, President of OPS, said their team is excited for the opportunities ahead to partner with Veritiv. “I am confident we will be better together for our customers, our suppliers, and our employees. Our complementary visions, strategies and core values make this partnership a natural fit. The addition of OPS to Veritiv’s packaging distribution platform will provide an even more compelling customer offering and significant value creation potential.”
In addition to OPS, Veritiv said that recent acquisitions of Vivabox Solutions, AmeriPac, and PAX Global underscore its dedication to enhancing its design to delivery capabilities in the specialty packaging distribution secto