Supremex Acquires Assets Of Graf-Pak
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2022
Packaging, envelopes and labelling solutions provider Su- premex has acquired the assets of Canada based folding carton packaging solution retailer Graf-Pak. The compa- nies have closed this deal at a total consideration of ap- proximately $4.48m (C$6.0m), which was provided on a debt-free and cash-free basis. Financed via Supremex’s existing credit facility, the deal is now subject to certain customary adjustments. Based in Quebec, Canada, Supremex manufactures and provides envelopes and other paper-based packag- ing solutions. The company owns and operates 11 produc- tion facilities across Canada’s four provinces as well as a total of six manufacturing units in four different states in the U.S. Together, the facilities support more than 1,000 employees. Graf-Pak registered overall sales of approximately $5.02m in the previous fiscal year. The company pro- duces a variety of styles of folding cartons and sleeves, including straight-tuck-end, speed-lock, Hymes-bottom, reverse-tuck-end, Z-Fold, envelope-style, double-walls, as well as klick-lock boxes. The company owns and operates a facility in Pointe-Claire, Quebec, employing just under 25 people. This facility is close to one of Supremex’s primary folding carton plants in Lachine.
Year
Actual
Percent Change Avg Week Percent Change
2022 2021
30.124 34.180
-11.9
7.927 8.545
-7.2
Industry Total
Year-to Date
December 2022
Year
Actual
Percent Change Avg Week Percent Change
2022 2021
400.520 416.189
-3.8
7.979 8.291
-3.8
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2022 2021
2.4260 2.7360
-11.3
32.5461 33.8321
-3.8
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Dec. Nov.
2.2603 2.2586
0.1
3.5 3.6
-2.8
Shipping Days
Year
Month
Year-to-Date
2022 2021
19 20
251 251
SOURCE: Fibre Box Association
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