Prairie Industries, along with its partner company Nu-Pak, announced its new name for the combined organization: Truvant. The announcement coincides with Prairie’s recent acquisition of Sonoco’s European contract packaging business.
Truvant provides a wide range of scalable contract packaging, contract manufacturing, and supply chain solutions to many of the world’s leading food, consumer, household and industrial brands. The recently acquired European packaging business adds six world-class contract packaging facilities located in Poland, which increases Truvant’s operational footprint to 15 facilities around the world and expands its total headcount to over 5,600 employees located across five countries.
“The Truvant brand honors the deep commitment we have to providing a ‘true advantage’ to our customers, and that commitment forms the foundation of our new name,” said Scott Lamb, CEO, Truvant. “Truvant also aligns with the focus of the business, as we are exclusively dedicated to contract manufacturing and packaging with a relentless focus on delivering customer value and operational excellence.”
Decades of experience and Truvant’s global scale could provide customers with innovative solutions not often found in the market. Truvant deploys solutions within a customer’s manufacturing plant or distribution center, or the company can blend, mix, formulate and/or package its customers’ products in one of Truvant’s own strategically located facilities.
“The flexibility we bring to the table and our proven track record is unparalleled, and the addition of European facilities means we now have expanded those capabilities to another continent,” added Lamb.
Truvant is a portfolio company of The Halifax Group, a Washington, D.C.-based private equity investment firm.
For more information, visit https://www.truvant.com.