Welch Packaging, a leading independent box producer, has acquired Go Packaging, LLC a corrugated box manufacturer in Lombard, IL. The acquisition expands Welch Packaging's ability to better serve customers in Illinois, Iowa and Wisconsin. With two world-class production facilities, Welch Packaging is now one of the largest corrugated producers in the Chicagoland area.

“The Go Packaging acquisition is aligned with our strategy to buy strong companies with solid management teams and give them what they need to accelerate their success,” said Scott Welch, CEO of Welch Packaging. “Go Packaging has an incredible reputation for short lead times and quality products. Building on that success with new economies of scale and shared services creates immediate value for customers, the business, and the associates who make it successful.”

The new division of Welch Packaging will operate as Welch Tri-State.

About Welch Packaging

Welch Packaging is one of North America's leading independent box producers. Founded by Scott Welch, the family owned company has grown to be the largest network of packaging companies operating in the Midwest. Headquartered in Elkhart, Indiana, Welch Packaging serves markets across 8 locations with over 600 associates. Providing a local approach to business, Welch companies invest in their communities and their associates. Welch Packaging provides industrial packaging, retail and product display packaging, as well as assembly and fulfillment solutions.

About Corporate Finance Associates

Founded in 1956, Corporate Finance Associates is one of the largest and most experienced middle-market M&A Advisory and investment banking firms in the nation. CFA has offices across the United States and Canada, three in India and 17 partner offices in Brazil, China and throughout Europe. More information is available at www.cfachicago.com.