Graphic Packaging Holding Company (NYSE: GPK), (“Graphic Packaging”), a leading vertically-integrated provider of sustainable fiber-based consumer packaging solutions, today announced the successful close of its acquisition of AR Packaging Group AB, Europe’s second largest producer of fiber-based consumer packaging. The acquisition accelerates Graphic Packaging’s growing position serving consumer packaged goods companies around the world with sustainable fiber-based packaging alternatives.
Graphic Packaging announced its intent to acquire AR Packaging Group AB on May 14, 2021.
https://investors.graphicpkg.com/news/news-details/2021/Graphic-Packaging-Holding-Company-Announces-Completion-of-AR-Packaging-Acquisition-Significantly-Strengthening-Global-Market-Position-in-Fiber-Based-Packaging-Solutions/default.aspx
Related Posts
Lead2030 was launched by One Young World, the global forum for young leaders, in November 2018 to support youth-led innovation to contribute to the United Nations’ Sustainable Development Goals (SDGs). This year’s winning project comes from Genecis Bioindustries, a Canadian-based start-up, which makes compostable plastic from food waste. Genecis has been awarded $50,000 from Mondi as well as 12 months of corporate mentorship focused on business development, marketing/communications support as well as technical mentorship on the potential market applications of PHA polymers in packaging.
Visy/Pratt Industries Exec chmn Anthony Pratt is leading a recycling resurgence. His US company Pratt Industries was the fifth largest US boxmaker in 2019 with a 7% market share and an estimated 27.5 billion ft2 of shipments. The US boxes are made mostly out of lowcost mixed paper. His five containerboard mills with 1.91 million tons/yr of 100% recycled content containerboard capacity are nearly fully integrated to 70 Pratt corrugated plants, including 30 sheet plants. Pratt US last year generated more than $3 billion in sales and $550 million in EBITDA, in a year of record-low mixed paper pricing at a negative-$2/ton average and containerboard prices an estimated 175-200% more than the firm’s production cost.
Amcor plc and Berry Global Group, Inc. announce that an important milestone towards the completion of their previously announced all-stock transaction has been reached, with filing of the definitive joint proxy statement (“the Joint Proxy Statement’) with the U.S. SEC. The Joint Proxy Statement includes notices of Amcor and Berry shareholder meetings that will both take place on Tuesday 25 February, 2025. This transaction brings together two highly complementary businesses to create a global leader in consumer and healthcare packaging solutions, uniquely positioned to accelerate growth across a broader and scaled flexible film, containers, closures and dispensing packaging portfolio. The combined company will have significant opportunities to further refine the portfolio and leverage differentiated material science and innovation capabilities to revolutionize product development, and solve customers’ and consumers’ sustainability needs.