AR Packaging Completes rlc packaging group, Nampak Cartons Nigeria Acquisitions

Following customary closing conditions and local regulatory approvals, AR Packaging announces the completion of the acquisition of rlc packaging group, including indirectly a significant share in BSC Drukarnia Opakowań S.A., and Nampak Cartons Nigeria Limited.
 
Through these acquisitions, AR Packaging continues its growth development in line with the strategic plan to expand in selected segments and geographies. AR Packaging elevates to a leading market position also in the healthcare, pharma and beauty segment. The acquisition of the Nigerian operation is an important first step to establish a footprint in the African market and the Group now has the capability to serve its multinational customers from three continents.
 
AR Packaging also acquired 24.1% of the shares indirectly owned by the management of BSC Drukarnia Opakowań. Thereby the Group now owns 60.8% of this Polish company. The experienced management of BSC will remain in current positions as a valued assurance of continued successful development of the company.
 
“We are very pleased to having received full clearance on the acquisitions and warmly welcome the new companies in our group. This is a very important step in the development of AR Packaging, which will now encompass 28 plants in 13 countries with 5,500 highly experienced employees,” said Harald Schulz, president and CEO of AR Packaging. 
 
All acquired entities will be operating under the name AR Packaging and the integration is in full progress together with the highly experienced local management teams.