logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Conner Industries Acquires Guardian Packaging Industries

Aug 01, 2023•over 2 years ago

Acquiring Company

Conner Industries

Acquired Company

Conner Industries

Fort WorthFort WorthManufacturingManufacturing

Description

Conner Industries, Inc., a leading provider of lumber, industrial wood crates & pallets, and integrated packaging solutions, announced today the acquisition of Guardian Packaging Industries, LP, a foam cutting specialist and an integrated packaging provider that combines wood, foam, and corrugate components, in Garland, Texas, which also includes the Southwest Air Products division, producing adhesive foam tapes for a variety of applications. This latest purchase marks the company's fourth investment in the expansion of their integrated packaging division, that includes facilities in Lewisburg, Tennessee, Tulsa, Oklahoma, and Guthrie, Kentucky.

Company Information

Company

Conner Industries

Location

3800 SANDSHELL DRIVE, STE 235

Fort Worth, Texas, United States

About

Conner Industries is a leading provider of industrial wood and packaging solutions in the United States. They specialize in supplying cut lumber (softwoods, hardwoods, and panel products) needed for pallets, crates, and skid parts, fully assembled custom pallets, crates, integrated packaging solutions, and wide variety of services tailored to customer needs. With educated and knowledgeable salespeople, subject matter experts, an experienced design team, and packaging engineers on staff, Conner serves customers nationwide from 17 plant locations in Texas, Oklahoma, Kansas, Colorado, Nebraska, Tennessee, Kentucky, Virginia, South Carolina, Georgia, Alabama, and Florida.

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration 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