Graphic Packaging (GPK) to Acquire AR Packaging from CVC Funds for $1.45 Billion in Cash
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Graphic Packaging Holding Company to Acquire AR Packaging from CVC Funds for $1.45 Billion in Cash, Creating Premier Global Provider of Sustainable Fiber-Based Consumer Packaging Solutions
May 14, 2021 6:30 AM EDTATLANTA and LUND, Sweden, May 14, 2021 /PRNewswire/ -- Graphic Packaging Holding Company (NYSE: GPK), ("Graphic Packaging" or the "Company"), a leading vertically-integrated provider of sustainable fiber-based consumer packaging solutions, and CVC Capital Partners Fund VI today announced a definitive agreement under which Graphic Packaging will acquire AR Packaging Group AB ("AR Packaging"), Europe's second largest producer of fiber-based consumer packaging, for approximately $1.45 billion in cash, subject to customary adjustments.