Veritiv's Business Segments

Veritiv Corporation is a leading North American business-to-business distributor of print, publishing, packaging, and facility solutions. Additionally, Veritiv provides logistics and supply chain management solutions to its customers. Veritiv was established in 2014, following the merger of International Paper Company’s ("International Paper" or "Parent") xpedx distribution solutions business and UWW Holdings, Inc. ("UWWH"), the parent company of Unisource. Independently, the two companies achieved past success by continuously upholding high standards of efficiency and customer focus. Through leveraging this combined history of operational excellence, Veritiv evolved into one team shaping its success through exceptional service, innovative people and consistent values. Today, Veritivs focus on segment-tailored market leadership in distribution and a commitment to operational excellence allows it to partner with world class suppliers, add value through multiple capabilities and deliver solutions to a wide range of customer segments.

We operate from approximately 180 distribution centers primarily throughout the U.S., Canada and Mexico, serving customers across a broad range of industries. These customers include printers, publishers, data centers, manufacturers, higher education institutions, healthcare facilities, sporting and performance arenas, retail stores, government agencies, property managers and building service contractors.

Veritivs business is organized under four reportable segments: Print, Publishing, Packaging and Facility Solutions. This segment structure is consistent with the way the Chief Operating Decision Maker, who is Veritivs Chief Executive Officer, makes operating decisions and manages the growth and profitability of the Companys business. The Company also has a Corporate & Other category which includes certain assets and costs not primarily attributable to any of the reportable segments, as well as our Veritiv logistics solutions business which provides transportation and warehousing solutions. The following summary describes the products and services offered in each of the reportable segments:

Print – The Print segment sells and distributes commercial printing, writing, copying, digital, wide format and specialty paper products, graphics consumables and graphics equipment primarily in the U.S., Canada and Mexico. This segment also includes customized paper conversion services of commercial printing paper for distribution to document centers and form printers. Our broad geographic platform of operations coupled with the breadth of paper and graphics products, including our exclusive private brand offerings, provides a foundation to service national, regional and local customers across North America.

Publishing – 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 to simplify paper and print procurement processes for our customers.

Packaging – The Packaging segment provides standard as well as custom and comprehensive packaging solutions for customers based in North America and in key global markets. The business is strategically focused on higher growth industries including light industrial/general manufacturing, food production, fulfillment and internet retail, as well as niche verticals based on geographical and functional expertise. Veritiv’s packaging professionals create customer value through supply chain solutions, structural and graphic packaging design and engineering, automation, workflow and equipment services, contract packaging, and kitting and fulfillment.

Facility Solutions – The Facility Solutions segment sources and sells cleaning, break-room and other supplies such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sanitizers, sanitary maintenance supplies and equipment, safety and hazard supplies, and shampoos and amenities primarily in the U.S., Canada and Mexico. Veritiv is a leading distributor in the Facility Solutions segment. Through this segment we manage a world class network of leading suppliers in most facilities solutions categories. Additionally, we offer total cost of ownership solutions with re-merchandising, budgeting and compliance reporting, inventory management, and a sales-force trained to bring leading vertical expertise to the major North American geographies.

Veritiv Corporation is a leading provider of integrated packaging, paper, and facility solutions, catering to a diverse set of industries. The company specializes in a range of segments, products, and services that aim to meet the needs of its clients across various markets.

Segments

1. Packaging Solutions: Veritiv offers comprehensive packaging solutions that include both protective and product packaging. Their products are designed to enhance the safety, preservation, and presentation of goods.

2. Paper Solutions: Veritiv provides a wide array of paper products, serving different uses across various industries such as printing, publishing, and office supply.

3. Facility Solutions: This segment focuses on providing maintenance and cleaning solutions for businesses, ensuring a clean and safe environment for employees and customers.

Products and Services

1. Packaging Products:
- TUFflex Brand: This line encompasses a variety of packaging solutions, including:
- Stretch Film: Offers stretchable plastic film used to secure items on pallets.
- Carton Sealing Tape: Provides sealing solutions for boxes and cartons, ensuring secure packaging.
- Specialty Tapes: Includes various types of adhesive tapes suitable for different packaging needs.

Paper Products:
- Private Label Brands: Veritiv markets a selection of paper under its private label brands:
- Endurance: Featuring high-quality coated and uncoated paper products suitable for printing and publishing.
- uBrand: Offers a range of cut-size papers that cater to the office supply market.
- Nordic+: Focuses on providing eco-friendly and sustainable paper options.
- Econosource: Strives to provide economical paper solutions that do not compromise on quality.
- Comet and Starbrite Opaque Select: Brands that offer coated boards and specialty papers for specific applications.

Facility Maintenance Products:
- Under the Reliable and Spring Grove brands, Veritiv provides:
- Cleaning Chemicals: A comprehensive line of cleaning agents and disinfectants designed for various surfaces and applications.
- Skin Care Products: Including soaps and lotions tailored for use in commercial and industrial settings.
- Sanitary Maintenance Supplies: Such as paper towels, toilet tissue, and other essential supplies for facility hygiene.
- Facility Supplies: A broad range of products that support operational efficiency, from trash bags to safety equipment.

Additional Services

- Logistics and Supply Chain Solutions: Veritiv not only provides products but also ensures efficient delivery and inventory management, helping customers streamline their operations and reduce costs.

- Custom Packaging Solutions: The company works with clients to develop tailored packaging solutions that fit their specific requirements, ensuring optimal product safety and presentation.

- Sustainability Initiatives: Veritiv is committed to sustainable practices and offers eco-friendly products aimed at reducing environmental impact, including recyclable and biodegradable options.

Through its diverse portfolio, Veritiv Corporation continues to deliver quality products and services while adapting to the evolving needs of its customers in various sectors.