Board Converting News, January 30, 2023

To Make a Difference in its customers’ business, its associates lives, and its community. This cause unites our associate family and creates great value for our business partners,” said Scott Welch of Welch Packaging. B2B Industrial Packaging Acquires Next Press Addison, Illinois based B2B Industrial Packaging, a Gen- Nx360 company, announced the acquisition of Next Press located in Mahwah, New Jersey. This represents B2B Industrial Packaging’s 27th major acquisition. “Next Press is an incredible company with a great management team,” B2B Industrial Packaging CEO Bill Drake said. “We are aware of the high level of service Next Press clients and channel partners have become accustomed to. Our goal is to surpass it in every regard.” With the acquisition, Next Press clients will be able to take advantage of a broad range of industrial packaging products backed by a coast-to-coast distribution network. “We want all of our clients to think of us as ‘Your Na- tional Neighbor,’” Drake added. “This means they can expect both friendly, personalized service and access to vast resources.” Next Press, founded in 1997, is a logistics company fo- cused on solving clients’ packaging-related needs. The Welch Packaging Acquires (CONT’D FROM PAGE 6)

company, specializing in corrugated products, has an in- house design team and printing capabilities to create cus- tomized innovative and functional packaging. Next Press provides samples of custom packaging and handles small production runs in-house all with the goal of supporting cli- ents’ marketing efforts. As an advisor for Next Press, Scott Daspin, Director of Investment Banking at Triad Securities Corp said, "The ex- pert, friendly service that Next Press provides will now be complemented by the national-scale packaging solutions, distribution and support that industry leader B2B Industrial Packaging delivers.” B2B Industrial Packaging previously acquired Oak Paper Products, Western Metals, Pac Fast, Empire Systems, Em- pire West Solutions, Master Packaging and Allen Packaging in California; All Packaging, Central Packaging and Miller- Bevco in Kansas; Alpine Packaging and Western Packag- ing in Oregon; AMW Packaging Supply, Pioneer Packaging Worldwide, Nelson JIT, and B&S Supply Co in Arizona; Lew- is Industrial Supply, and Accurate Packaging and Fulfillment in Pennsylvania; Fibers of Kalamazoo in Michigan; Spring- field Corrugated Box in Massachusetts; Tri Pro Graphics and Packaging in Missouri; and Lesker Corporation, Anas- co, Inc, Rapid-Pac, and Direct In Supply in Illinois. B2B Industrial Packaging sells a full range of packaging equipment and supplies including steel strapping, stretch film, and fasteners to clients throughout the United States and Mexico.

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January 30, 2023

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