Industry News, Mergers and Acquisitions, Printers News

Graphic Packaging Completes Acquisition of Norgraft Packaging, S.A.

Norgraft is a leading folding carton producer in Spain.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Graphic Packaging Holding Company has announced that one of its wholly owned subsidiaries has acquired Norgraft Packaging, S.A.   Norgraft is a leading folding carton producer in Spain focused on the food and household goods markets. Norgraft converts approximately 25,000 tons of paperboard annually and operates two converting plants located in Maliaño and Requejada in Cantabria, Spain. The business generated revenue of approximately $40 million on an LTM basis.   “The announced transaction ...

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