ELKHART — Welch Packaging, a multisite family-owned business concentrated in the Midwest, has acquired Heritage Packaging, a supplier of corrugated packaging and supplies located in Lincoln, Illinois, the companies announced.
Terms of the transaction were not disclosed.
Heritage Packaging’s product offerings include corrugated boxes, displays and design services as well as a range of packaging supplies. Acquiring Heritage Packaging extends the Welch Packaging geographic service area into central Illinois. With operations already located in six Midwestern states, the acquisition reinforces Welch’s commitment to growth, according to a news release.
Both companies are family-owned businesses and meet customer needs through a focus on service, quality and providing cost-effective corrugated products and packaging supplies, Welch Packaging CEO Scott Welch said.
“Heritage Packaging has a solid reputation with customers as a provider of corrugated boxes and customer-first service,” Welch said. “Since its founding in 1977, Heritage Packaging has been known to be responsive, flexible and quality-focused.”
Heritage Packaging has been owned and guided for the past 12 years by Greg Basford, whose family has a rich tradition in the packaging industry, according to Welch.
“We are delighted for Greg to join the Welch team and continue to lead Heritage Packaging to future success,” he said.
In transitioning the ownership of Heritage Packaging, Basford said he was looking for a partner “to ensure we realized the growth potential existing in our local market – while maintaining a personal and family-owned culture.”
“Welch has a strong mission and a unique cause that drives associates,” Basford said. “I look forward to joining with Welch to extend our customer base and expand packaging solutions for the benefit of our customers.”
Welch said his company remains committed to making a difference for its customers, associates and communities.
“We look forward to partnering with Heritage Packaging to extend this mission into a new marketplace,” he said.
Founded in 1985 as Elkhart Container, Welch Packaging serves markets across 14 locations and three distribution centers with over 1,050 associates.