Coastal Group Acquires Veecor Honeycomb Packaging Manufacturing

Coastal Group, a family owned investment management company, has acquired Veecor, a Louisiana-based honeycomb packaging manufacturer. With the acquisition, Coastal Group has launched Coastal Honeycomb, LLC. The company will produce the lightweight, durable packaging material in Holland and create an initial 12 jobs.

The acquisition adds honeycomb to Coastal Group’s range of packaging services including design, testing, corrugated, packaging supplies and foam.

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