Pennsylvania-based consolidator of specialty packaging manufacturers SupplyOne acquires Florida-based corrugated packaging and shipping supplies provider Melco
December 31, 2012
– SupplyOne Inc., the Devon, Pennsylvania-based consolidator of specialty packaging manufacturers,and packaging equipment and supply distributors, announced today that it has acquired Melco, a full service provider of corrugated packaging and shipping supplies based in Clearwater, Florida.
Melco operates from three locations in the Clearwater and Orlando Florida markets. Melco’s capabilities are similar to SupplyOne’s in that both are manufacturers of corrugated products and distributors of packaging equipment and supplies. SupplyOne is also a manufacturer of custom pressure sensitive labels and plastic thermoformed products, which complement Melco’s product offering. Equally important are parallel marketing strategies, which feature customer driven solutions focused on vendor consolidation, improved operational efficiency and enhanced customer profitability.
Melco was founded in 1969, and purchased by Art and Jeanne Abbo in 1988, who will continue in their current capacities. Both have led Melco to become a recognized leader of packaging solutions focused on service, reliable expertise, and high quality packaging solutions. Melco has a strong, growing and diverse customer base.
Art and Jeanne Abbo commented, "We are very excited to become part of SupplyOne. Their decentralized operating culture, which promotes local decision-making and their packaging service programs, will ensure our continued growth. We pride ourselves on providing a better quality product and delivering it with the best people and service."
Bill Leith, President and CEO of SupplyOne, Inc. said, "We are very pleased to welcome Melco’s outstanding employees and valued customers to our growing network. We are confident our value-added service programs will deliver significant benefits to our new customers. Melco is built on a strong foundation of great people, excellent customer relationships and great service. It is an ideal fit with our operating culture."
This acquisition continues SupplyOne’s growth strategy of acquiring profitable companies that are recognized leaders in their local market. We look forward to the growth prospects this new entity provides our customers, employees, and suppliers.We pledge to our customers that they will continue to receive the same high standards of quality and service they have received in the past. We ask for your continued support and confidence as we continue our commitment to be the Leader in Packaging Solutions.