RockTenn Acquires Mid South Packaging from Coridel Capital Partners
RockTenn (NYSE: RKT) announced Monday that it has closed on its acquisition of the assets of Mid South Packaging LLC, a specialty corrugated packaging manufacturer with operations in Cullman, Alabama, and Olive Branch, Mississippi, from Coridel Capital Partners.
“The acquisition of Mid South, a company well-known for its profitable business model and efficient, well-run operations, is in keeping with our announced strategy to seek acquisitions that increase our integration level,” said James A. Rubright, RockTenn's Chairman and Chief Executive Officer. “Adding Mid South's unique customers to RockTenn's already diversified customer base further strengthens our market reach.”
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.