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June 26, 2011
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Send to KindleStar Packaging merges with Master Packaging to form Star Packaging Corporation
Master Packaging, located in Tampa, FL has merged with Star Packaging, based in Atlanta, GA and will now be known as Star Packaging Corporation, headquartered in Atlanta, GA with operating facilities in both Georgia and Florida.
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Master Packaging has 55 years of flexible packaging industry experience and has been backed by Azalea Capital since 2006. Star Packaging, formerly owned by the Wilson family, has over 35 years of experience in the printing, laminating, and conversion of flexible packaging materials.
The newly combined Company is owned by Azalea Capital, a private investment firm headquartered in Greenville, SC.
The new Star Packaging Corporation offers state-of-the-art manufacturing capabilities and increased production capacity, which will provide customers with greater flexibility and faster response times. Value added products of the new Star include traditional printed rollstock and laminations, along with stand-up pouch variations, rollstock with transverse-direction zippers, and custom designed high-performance laminations ideal for replacing rigid alternatives. These broad capabilities provide greater flexibility to serve the pet food and treat, fresh produce, food and beverage, snack, confectionery, bakery, pool chemical, military packaging, personal care, pharmaceutical, nutraceutical, and lawn and garden markets.
“Our combined industry expertise and manufacturing capabilities allow us to proactively grow our business and provide our customers the quality, the innovation and the speed they seek to bring industry leading products to market. The enhanced financial strength that this
merger
provides will enable a solid foundation for future growth,” says Fred
Crowe, President and CEO of the new Star. Mike Wilson, former owner of
Star, who will remain on the Board of the new Company, stated, “For our
employees, our customers, and our suppliers, everything will remain
business as usual, though our growth strategy going forward will now
include acquisitions. We are excited about this merger and the many
options it provides for the future”. The new Star Packaging Corporation offers state-of-the-art manufacturing capabilities and increased production capacity, which will provide customers with greater flexibility and faster response times. Value added products of the new Star include traditional printed rollstock and laminations, along with stand-up pouch variations, rollstock with transverse-direction zippers, and custom designed high-performance laminations ideal for replacing rigid alternatives. These broad capabilities provide greater flexibility to serve the pet food and treat, fresh produce, food and beverage, snack, confectionery, bakery, pool chemical, military packaging, personal care, pharmaceutical, nutraceutical, and lawn and garden markets.
“Our combined industry expertise and manufacturing capabilities allow us to proactively grow our business and provide our customers the quality, the innovation and the speed they seek to bring industry leading products to market. The enhanced financial strength that this
Master Packaging has 55 years of flexible packaging industry experience and has been backed by Azalea Capital since 2006. Star Packaging, formerly owned by the Wilson family, has over 35 years of experience in the printing, laminating, and conversion of flexible packaging materials.
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