Master, Star Packaging Merge Ops
June 22, 2011
ATLANTA Master Packaging, Tampa, FL, merged with Star Packaging, Atlanta, creating Star Packaging Corporation, to offer manufacturing capabilities and increased production capacity, which will provide customers with greater flexibility and faster response times. Star Packaging Corp. will be headquartered in Atlanta and have operating facilities in both Georgia and Florida. The newly combined Company is owned by private investment firm Azalea Capital, Greenville, SC.
Value-added packaging products of the new Star include traditional printed rollstock and laminations, along with stand-up pouch variations, rollstock with transverse-direction zippers and custom-designed high-performance laminations ideal for replacing rigid alternatives. These broad capabilities serve the pet food and treat, fresh produce, food and beverage, snack, confectionery, bakery, pool chemical, military packaging, personal care, pharmaceutical, nutraceutical, and lawn and garden markets.
Fred Crowe, president and CEO of the new Star, said the combined industry expertise and manufacturing capabilities allow the new company to provide customers quality, innovation and speed. Mike Wilson, former owner of Star, who will remain on the board of the new company, stated, For our employees, our customers, and our suppliers, everything will remain business as usual, though our growth strategy going forward will now include acquisitions. "
Master Packaging has 55 years of flexible packaging industry experience and has been backed by Azalea Capital since 2006. Star Packaging, formerly owned by the Wilson family, has more than 35 years of experience in the printing, laminating, and conversion of flexible packaging materials.
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