Pretium Packaging Acquires Cox Container
Pretium Packaging (pretiumpkg.com) has acquired Cox Container LLC, located in Troy, Ala. Cox specializes in extrusion blow molding of high-density polyethylene (HDPE) containers for food, beverage, dairy and industrial applications.
The acquisition increases Pretium’s U.S. manufacturing locations to 17. The Cox facility is situated on 13 acres, which makes it ideal for future manufacturing expansion.
“We are pleased to welcome the Cox leadership team and employees to the Pretium organization. The acquisition brings additional HDPE manufacturing capability to Pretium and gives us a strategic foothold in the Southeast. We will now be able to capitalize on the strong growth Cox has experienced over the past couple of years to better serve our combined customers,” said Paul Kayser, president and chief executive officer, Pretium.
Cox Container represents the fifth acquisition Pretium has made in the past four years.