Prairie Industries, along with its partner company Nu-Pak, have renamed the combined organization: Truvant. The announcement coincides with Prairie’s recent acquisition of Sonoco’s European contract packaging business.
Truvant provides a range of contract packaging, contract manufacturing, and supply chain solutions to global food, consumer, household and industrial brands.
“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 of 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 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,”
Truvant is a portfolio company of The Halifax Group, a Washington, D.C.-based private equity investment firm.