AR to be Acquired

摘要

AR Packaging has confirmed that funds advised by CVC Capital Partners have signed a binding agreement to acquire AR Packaging Group AB. Under the terms of the transaction, CVC will acquire 100 per cent of the company from its current owners, Ahlstrom Capital and Accent Equity. Founded in 2011 through the merger of A&R Carton and Flextrus, AR Packaging has sales of approximately ?560 million and 2200 employees across 17 factories in nine countries. The company has performed strongly in recent years, posting a 27 per cent increase in net sales last year.