CVC Capital Partners acquires AR Packaging Group

Under the terms of the transaction, CVC will acquire 100% 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 Group is one of Europe’s leading packaging companies with sales of approximately € 560 m (pro forma 2015) and 2,200 employees across 17 factories in nine countries. The company has performed strongly in recent years, posting a 27% increase in net sales last year. Headquartered in Lund, Sweden, the group is divided into three divisions: Branded Products, Barrier Packaging and Food Packaging.  

AR Packaging has long-standing customer relationships with many of the world’s leading consumer brands in the food and tobacco segments. “We are on an exciting trajectory, building on last year’s strong performance and operational progress, and I would like to take this moment to thank Ahlstrom Capital and Accent Equity for their support over the last years,” says Harald Schulz, President and CEO of AR Packaging. “We are now well placed for the next phase of our development and CVC’s expertise, financial resources and global network make them the perfect partner to help us achieve our long-term growth ambitions.”