Veritiv Corporation

Detailed Description

Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally. The Packaging segment provides custom and standard packaging solutions. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies, such as towels, tissues, food service, cleaning chemicals, skincare, personal protective equipment, can liners, soaps and sanitizers, dispensers, sanitary maintenance, and facility supplies. The Publishing segment sells and distributes coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. This segment also provides print management, procurement, and supply chain management solutions. The company also offers logistics solutions. Veritiv Corporation offers its products under the Endurance, Comet, Starbrite Opaque Select, TUFflex, Reliable, PUR Value, and Spring Grove brands, as well as other brands to customers in manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment, hospitality, commercial printing, and publishing sectors. As of December 31, 2021, the Company operated approximately 125 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.

Key People

Salvatore A. Abbate, CEO Stephen J. Smith, CFO

Financials

Revenue: $6.345 billion (2020)

Net income: $34 million (2020)

Total assets: $2.335 billion (2020)

Total equity: $583 million (2020)