LBS Acquires Pilgrim Packaging
July 15, 2025
LBS, a 100% employee‑owned bookbinding and packaging materials company based in Des Moines, acquired Pilgrim Packaging, a specialty converted‑materials supplier to the floral industry. Pilgrim will continue operating from its Huntley, Illinois location as LBS's third division; terms were not disclosed and LBS said it will invest in additional equipment and material offerings to expand converting capabilities.
- Buyers
- LBS
- Targets
- Pilgrim Packaging
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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