Veritiv Operating Company, a leader in specialty packaging distribution, facility solutions and print products and solutions, announced today that it has acquired Subotnick Packaging, an Oregon-based distributor of packaging products and equipment serving the building materials, food, e-commerce, and transportation industries.
“This acquisition strengthens Veritiv’s core packaging platform in the strategically important Pacific Northwest region,” said Sal Abbate, Chief Executive Officer of Veritiv. “Subotnick’s offerings are highly complementary to our existing capabilities and support our strategy to grow our core packaging platform.”
The addition of Subotnick enhances Veritiv’s core packaging capabilities and deepens our presence in the Pacific Northwest. Their focus on categories including corrugated, strapping, tape, stretch film, and packaging equipment, as well as parts and service, mirrors Veritiv and reinforces our joint commitment to delivering specialized solutions for our customers.
“Joining Veritiv represents an exciting milestone for Subotnick, allowing us to extend our impact through Veritiv’s vast network in packaging distribution, automation, design, and fulfillment,” said David Berlant, President of Subotnick Packaging. “We’re entering a phase filled with opportunity, and I’m confident that our combined capabilities will unlock even greater value for our customers.”
Founded in 1925, Subotnick is a fourth-generation, family-owned business with deep roots in the Pacific Northwest. They have built strong customer relationships, deep category expertise and a stable operational footprint in Portland, OR, offering both stock and custom packaging products and equipment.
Advisors
McDermott Will & Schulte served as legal advisor to Veritiv on the transaction.