PPI: Pretium acquires Ohio manufacturer

Chesterfield-based Pretium Packaging has acquired Patrick Products Inc., a manufacturer of packaging for the janitorial, automotive and household chemical markets. The entire leadership team of Leipsic, Ohio-based Patrick Products, will be joining Pretium, which manufactures rigid plastic packaging containers. Pretium plans to keep the Patrick brand name, adding it to its existing portfolio. Terms of the deal were not disclosed. "The fit was natural for both sides as Pretium continues to offer...