Ranpak Corp., a global manufacturer of "in-the-box" protective paper packaging materials and systems, recently completed the acquisition of Geami Ltd., headquartered in Raleigh, North Carolina.
The purchase price was not disclosed.
Geami is a manufacturer of sustainable protective paper packaging materials and solutions, including it's flagship product, GreenWrap. This expandable die-cut kraft paper with interleaf tissue is a packaging solution trusted by companies worldwide and is a paper alternative to packaging materials such as bubble, packing peanuts, foam and air pillows.
"Geami has a tremendous team of employees and products that we are excited to welcome into the Ranpak family," said Stephen Kovach, President and CEO of Ranpak. "Their wrapping products provide efficient and effective packaging solutions to companies in the housewares, home décor and industrial markets.
"Geami's products will fit extremely well within Ranpak’s portfolio of innovative paper packaging systems. We are confident that the combination of Ranpak’s expertise and worldwide distribution network along with Geami's products will further accelerate Ranpak’s growth in America, Europe and Asia.
"Geami will continue to operate as a separate entity during a transition period which we expect to complete by the end of this year," Kovach added.
