LAKE FOREST, Ill. – Pactiv LLC acquired Aberdeen, NC-based International Tray Pads & Packaging, Inc. through a stock purchase.
“Our acquisition of International Tray Pads further expands our product offering and value proposition in the Supermarket and Processor segments of our business,” said John McGrath, Pactiv CEO and president. “Offering product solutions that combine multiple materials continues to be an area of high focus for Pactiv as it provides our customers with new packaging options.”
International Tray Pads manufactures absorbent products used in fresh-packed, point-of-purchase meat, fish, poultry and produce. The company’s products are sold throughout the US, Europe, the Middle East, Canada, Latin America, the Caribbean and Asia.
Pactiv operates 55 manufacturing plants in seven countries. The company makes and sells packaging disposables and food packaging used in foodservice and supermarkets.
|Enhance your industry IQ
Sign up for our free newsletters to stay informed on each day’s news and trends