Graphic Packaging and Altivity Merge

“This merger brings together two companies that are highly respected leaders in the packaging industry,” said George Bayly, Altivity Packaging’s chairman and interim chief executive officer. “Together, the new company will serve a more diversified customer base and achieve economies of scale and operating efficiencies that would be more difficult to achieve on a stand-alone basis. Under David’s leadership, I am confident in our collective ability to achieve our original cost savings and growth objectives, to realize substantial merger synergies, and to better serve our customers and employees who represent the future of our new company.”