Montreal, Canada-based Specialized Packaging Group, L.P., (SPG) has sold its Smith-Induspac Toronto, Smith-Induspac Ottawa and Induspac Montreal subsidiaries to GAB Packaging, Ltd., located in Candiac, Quebec.
The sale reflects a decision by SPG, a North-America-based converter of protective packaging and engineered packaging, to increase focus on its non-fiber business units. However, it should be noted, the Induscorr plant in Vaudreuil (Quebec) remains a division of SPG.
For GAB Packaging, the acquisition of three of SPG’s Canadian manufacturing facilities diversifies its product offering in value-added specialized packaging and makes it a major player in the industrial packaging market in eastern Canada.
A leader in the industrial and commercial corrugated packaging market for more than 40 years, GAB Packaging provides a complete line of services and packaging solutions to the manufacturing sector, from packaging analysis and custom design to integrated production of small or large quantities, web-based inventory management and JIT delivery.