Graphic Packaging International chose Merrimak Capital in order to manage all of its material handling equipment leases.

Headquartered in Atlanta, Graphic Packaging International is a manufacturer of folding cartons, unbleached paperboard, coated recycled board and microwave packaging.

“We are thrilled with our exclusive agreement with Merrimak Capital Company to act as our vested partner in the leasing industry” said Mike Smith, director of Strategic Sourcing and Supplier Diversity at Graphic Packaging. “Through Merrimak Capital Company’s unique approach of providing transparency and partnership to leasing, they are taking the mystery out of the unregulated leasing industry while also providing supplier diversity spend and lower costs.”

Smith said that as part of this jointly created program, active leases were purchased and incorporated into the new platform to drive and assure tangible cost savings.

“The exclusive agreement with Graphic Packaging is one we hope to be able to replicate for other clients in order to continuously provide our customers with complete transparency and savings coupled with trust,” said Mary Kariotis, CEO of Merrimak Capital Company. “We are expanding our partnership with many lessees and will proudly continue to do so.”