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Welch Packaging completes acquisition of SOKY Pack and Pallet to enhance product capability

Feb 05, 2025•6 months ago

Acquiring Company

Welch Packaging

Acquired Company

SOKY Pack and Pallet

ElkhartGlasgowPackaging ServicesManufacturingBuilding Material

Description

Welch Packaging has acquired SOKY Pack and Pallet, a company specializing in hardwood pallets, crates, and packaging supplies. The acquisition emphasizes Welch Packaging's commitment to expanding product capability and serving customers in the south central region with high-quality packaging solutions.

Company Information

Company

Welch Packaging

Location

Elkhart, Indiana, United States

About

Welch Packaging is a family-owned business that has grown into a network of custom corrugated manufacturing companies. Founded in 1985 as Elkhart Container, today Welch Packaging serves customers from 20 corrugated business units and 1 distribution business concentrated in the Midwest, Midsouth, and expanding into the Mid-Atlantic.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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