Graphic Packaging Completes Acquisitions of Contego Packaging and A&R Carton

Jan. 3, 2013 - Graphic Packaging Holding Company (GPK) yesterday said that it has completed the previously announced acquisitions of Contego Packaging Holdings, Ltd., a leading food and consumer products packaging company based in the United Kingdom, and A&R Carton Holding B.V., which is A&R's European beer and beverage packaging business.

The combination of Graphic Packaging's European packaging business with these two acquisitions will create one of Europe's largest folding carton businesses, Graphic Packaging said in a statement.

The two acquisitions will provide state of the art web and sheet-fed converting assets creating a manufacturing platform in Europe similar to Graphic Packaging's U.S. operations, the company added.

SOURCE: Graphic Packaging Holding Company