Menasha Packaging Company, Neenah, WI, has acquired
Rand Diversified for an undisclosed amount. Both companies are privately
held.
Menasha will use Rand to increase “geographic
coverage with the addition of East Coast fulfillment and contract packaging,”
Menasha president Mike Waite said in a statement.
The move brings the number of Menasha’s fulfillment
operations to 16. The acquisition includes Rand’s Edwardsville, IL, and
Tobyhanna, PA, locations; all of Rand's facilities will remain open. Rand is
headquartered in Edison, NJ, where it also has a design office and fulfillment
center.
“The Rand acquisition,” said Jim Kotek, chief
executive officer of Menasha Corp., “broadens our market penetration and
increases our offerings in the areas of contract packaging and fulfillment for
over-the-counter pharmaceutical and consumer packaged goods companies.” Menasha
Corp. is the parent of Menasha Packaging; its other businesses are ORBIS Corp.
and LeveragePoint Media.
