Strive Group is Acquired by Menasha Packaging
- Published: February 01, 2012
NEENAH, WI | Menasha Packaging Co. has acquired The Strive Group, Chicago, IL. Both companies are family owned and privately held. Terms of the transaction were not disclosed.
According to Mike Waite, president of Menasha Packaging, “The acquisition of Strive will enhance our merchandising supply chain model and strengthen our geographic coverage. Customers are increasingly turning to companies that can manage their entire merchandising process, and the addition of Strive…will improve our offerings and strengthen our competitive position.”
Both Menasha Packaging and Strive focus on the food, household, and personal care markets. Strive is headquartered in Chicago, where it has a corrugated products manufacturing facility. In addition, it has eight fulfillment operations, including six that are located within its customers’ distribution centers, and four design/sales centers across the country.