11.14.19
ÅR Packaging Group AB has acquired all outstanding shares in K+D AG and entered into agreement to acquire all outstanding shares in rlc Packaging GmbH, as well as indirectly a significant share in BSC Drukarnia Opakowań S.A.
The companies are packaging producers with substantial market presence in the central European market for healthcare and beauty products. This strategic move will elevate AR Packaging to a leading market position also in the healthcare, pharma and beauty segment.
Through the acquisitions of K+D and rlc, AR Packaging will continue its successful growth development in line with the strategic plan to expand in selected segments. The healthcare business of the group includes both carton-based and flexible packaging for customers in the pharma, medical and beauty industry in Europe and Asia.
K+D is an expert in pharmaceutical and cosmetics packaging and provides GMP-compliant, finished and counterfeit-proof cartonboard solutions. The company is based in Switzerland, where it holds a market leading position in pharmaceutical packaging print-ing, and has approximately 70 employees.
rlc Packaging is a packaging manufacturer specializing in high quality folding cartons to the beauty, pharma, food and confectionery industry. The group comprises of four pro-duction facilities in Germany and one in Switzerland. Additionally, the group holds a sig-nificant share in BSC Drukarnia Opakowań in Poland, having two plants. In total, the headcount is approximately 1,500 employees.
“We are excited to welcome these companies, which are a good fit for our group’s growth strategy. Together with our existing activities, it will put AR Packaging at a top three posi-tion in Europe in the healthcare, pharma and beauty segments, served by 11 plants in six countries,” said Harald Schulz, president and CEO of AR Packaging.
Completion of the acquisition of rlc Packaging is subject to customary closing conditions, including local regulatory approvals. The parties to the acquisition have agreed that no financial details will be disclosed.
The companies are packaging producers with substantial market presence in the central European market for healthcare and beauty products. This strategic move will elevate AR Packaging to a leading market position also in the healthcare, pharma and beauty segment.
Through the acquisitions of K+D and rlc, AR Packaging will continue its successful growth development in line with the strategic plan to expand in selected segments. The healthcare business of the group includes both carton-based and flexible packaging for customers in the pharma, medical and beauty industry in Europe and Asia.
K+D is an expert in pharmaceutical and cosmetics packaging and provides GMP-compliant, finished and counterfeit-proof cartonboard solutions. The company is based in Switzerland, where it holds a market leading position in pharmaceutical packaging print-ing, and has approximately 70 employees.
rlc Packaging is a packaging manufacturer specializing in high quality folding cartons to the beauty, pharma, food and confectionery industry. The group comprises of four pro-duction facilities in Germany and one in Switzerland. Additionally, the group holds a sig-nificant share in BSC Drukarnia Opakowań in Poland, having two plants. In total, the headcount is approximately 1,500 employees.
“We are excited to welcome these companies, which are a good fit for our group’s growth strategy. Together with our existing activities, it will put AR Packaging at a top three posi-tion in Europe in the healthcare, pharma and beauty segments, served by 11 plants in six countries,” said Harald Schulz, president and CEO of AR Packaging.
Completion of the acquisition of rlc Packaging is subject to customary closing conditions, including local regulatory approvals. The parties to the acquisition have agreed that no financial details will be disclosed.