Chesapeake Completes Acquisition of Green Printing Company

Chesapeake Corporation announced the acquisition of Green Printing Company, Inc., a specialty packaging producer and printer in Lexington, NC.

Green Printing manufactures lithographic printed folding cartons, specialty packaging, as well as sales and promotional materials for companies in the computer, financial and textile market sectors.

The addition of Green Printing will help establish Chesapeake's North American carton-based packaging business, similar to its European operations. Green Printing also complements Chesapeake's display subsidiary, Chesapeake Display & Packaging (CD&P), which provides an array of merchandising services including fulfillment and assembly.

Chesapeake President and Chief Executive Officer, Thomas H. Johnson, said, "We are pleased that we have been able to quickly complete the acquisition of Green Printing. It is an excellent fit with Chesapeake. We are very pleased that Leonard Beck, President, and his management team will continue to lead the business."

Edited by Anndrea Vorobej