DIVESTMENT OF AR PACKAGING TO CVC CAPITAL PARTNERS COMPLETED
Accent Equity, together with majority owner Ahlström Capital, are pleased to announce the closing of the previously announced agreement with CVC Capital Partners to divest 100% of the shares in ÅR Packaging Group AB. The transaction was successfully completed on 13 September 2016.
Founded in 2011 through the merger of A&R Carton and Flextrus, AR Packaging is one of Europe’s leading packaging companies with sales of approximately 560 MEUR (pro forma 2015) and 2,200 employees across 17 factories in 9 countries. The company has performed strongly in recent years and is now well placed for the next phase of its development.
Jan Ohlsson, chairman and founder of Accent Equity Partners AB, investment advisor to Accent Equity, said: “We would like to thank the employees and management team of AR Packaging for a close and productive cooperation over the past years. The company is well placed to continue its expansion and we wish them every success as they continue their journey with CVC.”
Jan Ohlsson +46 70 515 69 15