B2B Industrial Packaging Launches Packaging and Fastener Company Acquisition Campaign

B2B Industrial Packaging just announced a major campaign to acquire packaging and fastener-related companies. The campaign is fueled by a series of successful acquisitions that have made a major contribution to the company’s meteoric growth.

B2B Industrial Packaging President Bill Drake said, “One of the aspects of these acquisitions that I am most proud of is that we have retained more than 90% of the employees of the companies we have acquired and the first acquisition was over six years ago. The remaining 10% either retired or chose not make the move.”    

The company is actively seeking additional packaging and fastener-related company acquisitions. Candidates will be strong in the strap, stretch film, fastener, and related products markets; have annual revenue between $1 million and $20 million; and be located within a 100-mile radius of Chicago, Dallas, Houston, Los Angeles, San Francisco, Kansas City, or Charlotte, NC.

B2B Industrial Packaging’s growth has made the company a contender for Crain’s annual list of the 50 fastest growing companies in Chicago for the past three years—with revenue nearly tripling over the last five years alone. And growth continues—month-over-month gross profit has been up 62 percent so far this year. The company also received a Chicago Daily Herald Business Excellence Award this year. The company has already acquired Western Metals, Pac Fast, the Lesker Company, and Anasco. 

Servicing more than 6,000 active clients, B2B Industrial Packaging sells a full range of packaging equipment and supplies including steel strapping, stretch film, and fasteners to clients primarily in the Central Great Lakes, the Central Plains, California, Texas, North Carolina, and Mexico. B2B Industrial Packaging is unique in that it also operates a state-of-the-art strapping and fastener tool repair facility that services the entire U.S.