Graphic Packaging set to bolster presence in Europe with the acquisition of AR Packaging

EUROPE – Graphic Packaging, has agreed to acquire AR Packaging, a producer of fiber-based consumer packaging in Europe, from CVC Funds for approximately US$1.45 billion. The US-based designer and manufacturer of packaging solutions said the acquisition will expand its geographic reach, innovation capabilities, and value for customers throughout Europe and bordering regions. AR Packaging operates 30 factories across 13 countries with 5,500 employees, and is described as Europe’s second largest producer of fibre-based consumer packaging. The company manufactures a range of products – including folding cartons, trays, cups, pouches, lidding…

Read More