Strategic moves are being made in the packaging space. Executing a solid expansion plan, Sev-Rend® announced its acquisition of Wolarmann Enterprises, fortifying its market position in the North American region.
“Thor Wolf and his wife Benita have done an exceptional job growing the family business that his late father, Uwe Wolf, founded in 1986. We look forward to continuing to service their existing customer relationships,” said Rob Williams, Owner and Chief Executive Officer of Sev-Rend. “Together, we will continue to push the boundaries of excellence, driving growth and success in our industry. We are excited to retain Thor as he will continue to service the Canadian market. This integration allows Wolarmann Enterprises Ltd to expand their product portfolio, which benefits their customer base.”
Located in Barrie, Ontario, Canada, Wolarmann Enterprises gives Sev-Rend a strong foothold in the region. As a press release noted, the acquisition underscores the company’s dedication to providing the most enhanced product offerings possible.
The transaction is not just a testament to Sev-Rend's growth strategy but also a promising development for Wolarmann Enterprises, which will benefit from the company’s robust product portfolio and resources.
“This merger is more than just a business decision; it's a strategic alignment of visions, values, and capabilities that will enable us to provide unparalleled value to our customers,” commented Thor Wolf, Owner and CEO of Wolarmann Enterprises. “We are committed to a seamless integration process, ensuring that our customers are fully supported throughout this exciting new chapter.”
DMN will continue to cover the latest shifts in packaging and beyond, so be on the lookout for our next update.
