Pack Logix completes the acquisition of Spectrum/Phillips 66 Waukesha Packaging Facility
Pack Logix announced it has acquired the assets of the Spectrum Lubricants (Division of Philips 66) packaging facility located in Waukesha, WI. The acquisition was finalized February 16, 2018 and all employees at the location will migrate to Pack Logix.
Pack Logix is a diversified contract packager, packaging distributor, fulfillment and logistics company offering turn keys solutions for hundreds of companies located throughout the United States and Internationally. The acquisition of the Spectrum facility will add high speed filling of lubricants and chemicals to Pack Logix’s capabilities which currently include tube filling, skin/blister/clamshell packaging and kitting. “We are excited about the additional services we can offer our existing and new customers as we continue to service the increasing demand for contract packaging and value added services such as sourcing, packing, warehousing and direct distribution” said Bruce Moncrieff, CEO.
In addition to the Spectrum acquisition, Pack Logix will absorb the contract packaging and fulfillment business from PAX Holdings. PS Capital Partners will become an equity partner of Pack Logix and strategic influence as they continue to explore acquisitions, mergers and alliances in the packaging space.
About Pack Logix
Pack Logix (formerly Panef) offers a full range of packaging solutions and service capabilities for virtually all market segments. Typically recognized as a premier contract packager of lubricants, greases, powders and specialty products, Pack Logix also offers a comprehensive range of additional products and services. CLICK FOR MORE