Master Packaging, located in Tampa, Fla. has successfully completed a merger with Star Packaging, based in Atlanta, Ga. The combined entity will now be known as Star Packaging Corporation and will be headquartered in Atlanta, Ga. with operating facilities in both Georgia and Florida. The newly combined Company is owned by Azalea Capital, a private investment firm headquartered in Greenville, S.C.
The new Star Packaging Corporation offers state-of-the-art manufacturing capabilities and increased production capacity, which will provide customers with greater flexibility and faster response times. Value added products of the new Star include traditional printed rollstock and laminations, along with stand-up pouch variations, rollstock with transverse-direction zippers, and custom designed high-performance laminations ideal for replacing rigid alternatives.
“Our combined industry expertise and manufacturing capabilities allow us to proactively grow our business and provide our customers the quality, the innovation and the speed they seek to bring industry leading products to market. The enhanced financial strength that this merger provides will enable a solid foundation for future growth,” says Fred Crowe, President and CEO of the new Star.
Star Packaging and Master Packaging Merge
June 30, 2011