Unisource Global Solutions acquires Pakit Sweden AB
Unisource Worldwide, Inc. has announced that its division Unisource Global Solutions (UGS), a specializing in developing and commercializing globally sustainable packaging solutions, has completed the asset acquisition of Pakit Sweden AB. The company is an international developer of molded fiber solutions for the packaging industry.
The acquisition by Unisource includes the purchase of equipment that uses cellulose fibers to manufacture molded fiber packaging, replacing the use of plastic trays, bottles, containers, carriers, and other conventional petroleum-based packaging. The equipment is also said to use considerably less energy than current packaging processes and reduces the use of water and emissions.