Industry News, Printers News

Berlin Packaging Receives Investments

The Canada Pension Plan Investment Board will make a $500 million contribution.

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By: Anthony Locicero

Copy editor, New York Post

Oak Hill Capital Partners and Canada Pension Plan Investment Board entered into a definitive recapitalization agreement with Berlin Packaging L.L.C. to facilitate the next stage of its growth. As part of the arrangement, CPPIB will make a $500 million investment in Berlin Packaging. The Berlin Packaging management team, including Chairman and CEO Andrew Berlin, will also make a significant investment. Additional financial terms were not disclosed. The transaction is expected to close by the e...

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