Graphic Packaging Completes Acquisition of G-Box, S.A. de C.V.
ATLANTA, Jan. 5, 2016 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), a leading provider of packaging solutions to food, beverage and other consumer products companies, today announced that its wholly-owned subsidiary, Graphic Packaging International Holdings Mexico, has completed the previously announced acquisition of G-Box, S.A. de C.V., one of Mexico's leading folding carton producers.
"The acquisition of G-Box, with folding carton converting plants in Monterrey and Tijuana, Mexico, strengthens our geographic footprint in the growing Mexican food and beverage marketplace," said Michael Doss, Graphic Packaging's President and Chief Executive Officer. "These assets also broaden our customer base and allow us to offer our current customers a wider range of products."
Forward Looking Statements
Any statements of the Company's expectations in this press release constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements, including but not limited to those regarding the effect of the acquisition on the Company's competitive position, are based on currently available information and are subject to various risks and uncertainties that could cause actual results to differ materially from the Company's present expectations. These risks and uncertainties include, but are not limited to, the Company's ability to successfully integrate the acquisition and achieve synergies. Undue reliance should not be placed on such forward-looking statements, as such statements speak only as of the date on which they are made and the Company undertakes no obligation to update such statements. Additional information regarding these and other risks is contained in the Company's periodic filings with the SEC.
About Graphic Packaging Holding Company
Graphic Packaging Holding Company (NYSE:GPK), headquartered in Atlanta, Georgia, is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The Company is one of the largest producers of folding cartons and holds a leading market position in coated-unbleached kraft and coated-recycled board. The Company's customers include some of the most widely recognized companies in the world. Additional information about Graphic Packaging, its business and its products, is available on the Company's web site at www.graphicpkg.com.
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SOURCE Graphic Packaging Holding Company
Released January 5, 2016