GenNx360 Capital Partners Announces B2B Industrial Packaging’s Acquisition of Western Packaging, Inc.
Portfolio Company News - December 09, 2021
New York, New York. December 9, 2021 – GenNx360 Capital Partners (“GenNx360”) is pleased to announce its portfolio company, B2B Industrial Packaging (“B2B”), has acquired Western Packaging Inc. (“Western”) in Albany, Oregon. Western Packaging is B2B Industrial Packaging’s seventh acquisition since GenNx360’s investment in B2B in October 2020.
Western is committed to providing high-quality industrial packaging that includes FIBC bulk livestock feed bags, BOPP bags, woven poly bags, hay sleeves, stretch film and strapping. Their outstanding team of packaging professionals includes experienced service technicians that will further expand B2B’s support network throughout the U.S.
B2B Industrial Packaging CEO, Bill Drake, said, “Western Packaging is dedicated to staying on the leading edge through research and development that is tightly focused on articulated client needs. Western’s team of packaging professionals has the experience and expertise to serve agriculture-related sectors and more.”
As with all acquisitions, Western’s clients will enjoy the considerable resources that B2B offers including: a continuously expanding portfolio of products and tool repair facilities; an industry-leading partner channel; and outstanding client service and support.
About B2B Industrial Packaging
Servicing more than 6,000 active clients, B2B Industrial Packaging sells a full range of packaging equipment and supplies including steel strapping, stretch film, and fasteners to clients throughout the U.S. and Mexico. B2B Industrial Packaging is unique in that it also operates three state-of-the-art strapping and fastener tool repair facilities that service the entire U.S. Headquarters are in Addison, Illinois with additional locations in Fort Worth and Houston, Texas; Los Angeles, Salinas, Hayward, Sacramento, and Tustin California; Portland and Eugene, Oregon; Seattle, Washington; Kansas City, Kansas; Phoenix, Arizona; and Harrisburg, Pennsylvania.
About GenNx360 Capital Partners
GenNx360 Capital Partners is a private equity firm focused on investing in middle market business services and industrial companies. GenNx360 partners with companies having proven and sustainable business models in expanding industries, with the objective of implementing and supporting value enhancing organic and inorganic initiatives to accelerate growth, deliver efficiencies and generate strong financial returns. GenNx360 was founded in 2006 and is headquartered in New York City. For more information, please visit www.gennx360.com.
For media inquiries, please contact:
GenNx360 Capital Partners
Carmen Rojas, Director of Investor Relations