August 10, 2018 By PrintAction Staff
The Central Group has acquired Packaging Technologies Inc. (PTI), a Concord, Ont., designer and manufacturer of graphic corrugated packaging and point-of-purchase displays.
The new collaboration between Central and PTI aims to strengthen and expand the Central Group’s service and product line offerings across all subsidiaries including Central Graphics and Container Group Ltd. and Independent Corrugator Inc.
“With a diverse range of high-profile clients, our acquisition of PTI supports The Central Group’s strategy to lead the future advancement and continued high-performance of Consumer-Packaged Goods and Retailers – we continually seek out and offer high-value, innovative products, services and leading technology solutions that meet and exceed our customers’ business objectives,” Central CEO, Rick Eastwood says.
A privately-held Platinum member of Canada’s Best Managed companies, Mississauga, Ontario-based The Central Group is a performance-at-retail company combining in-store strategy, research, design, and execution with analysis and reporting. Its products include displays, packaging, branded fixtures, retail environments and digital interactions.
PTI will continue to operate under the PTI brand.
“Central’s acquisition of PTI provides a major growth opportunity for both of our businesses through extended services for our wide and diverse range of clients. Both businesses will benefit from a history built on enhanced design, print innovation and a commitment by both to expand product and service offerings to mutual and new customers,” PTI President Tim Boissinot says.
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