Veritiv Corporation completes acquisition of AmeriPac to expand its end-to-end kitting and co-packing capabilities
Apr 15, 2024•over 1 year ago
Acquiring Company
Veritiv Operating Company
Acquired Company
AmeriPac
Description
Veritiv Corporation, a leading specialty distributor of value-added packaging, facility solutions, and print products, has announced the acquisition of AmeriPac, a provider of turnkey contract packaging and fulfillment services. This acquisition will enhance Veritiv's end-to-end kitting and co-packing capabilities, enabling it to better serve customers with innovative and sustainable products and services.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed