Greiner has produced packaging solutions for the capsules market for several years, and along the way the company has found ways to make the its products more sustainable.
In the newly created position, Rauchut will be responsible for the company’s financial planning, cash management, and revenue recognition process, and he will report to Craig Wolfe, JLS’s chief operating officer.
The agreement marks Mill Rock Packaging’s fourth acquisition since its formation in 2020, and it is expected to help the company expand its reach to the Eastern United States.
After the European Union (EU) introduced new regulations on packaging and packaging waste, global companies are now facing more scrutiny when it comes to delivering on their sustainability claims, according to global assurance provider LRQA.