Graphic Packaging takes full ownership of US$6Bn partnership with International Paper

US – Graphic Packaging, a leading provider of sustainable fiber-based packaging solutions for a wide variety of products to food, has acquired the remaining shares of the partnership that it hard formed with International paper in 2018. During the formative years, Graphic Packaging owned a 79.5% of the partnership and become the sole manager, while International Paper held a 20.5% stake. Over the last year, International Paper has reduced its interest in the partnership company, with Graphic Packaging upping its ownership stake to 82.5% following two transactions, each at US$250…

Read More

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