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The proposed acquisition of AR Packaging is expected to add $1.1 billion in annual sales and $160 million in annual adjusted EBITDA.
May 17, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
In huge merger news, Graphic Packaging will acquire AR Packaging Group AB, Europe’s second-largest producer of fiber-based consumer packaging, for approximately $1.45 billion in cash, subject to customary adjustments. Graphic Packaging Holding Company and CVC Capital Partners Fund VI announced the definitive agreement, which will enhance Graphic Packaging’s global scale, innovation capabilities, and value proposition for customers throughout Europe and bordering regions. ...
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