Industry News, Mergers and Acquisitions, Printers News

Graphic Packaging Corporation, Altivity Packaging, LLC Announce Merger

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Corporation and the owners of Altivity Packaging, LLC announced today that they have signed a definitive agreement to combine the two companies. The transaction is expected to be completed in the fourth quarter of 2007, subject to customary shareholder and regulatory approvals. The transaction will bring together two of the most innovative, value-added paperboard packaging companies to create an estimated $4.4 billion (combined revenue) participant in the global packaging ma...

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