VC Capital Partners acquires ÅR Packaging Group AB
CVC Capital Partners announced today that funds advised by CVC Capital Partners (“CVC”) have signed a binding agreement to acquire ÅR Packaging Group AB (“AR Packaging”). Under the terms of the transaction, CVC will acquire 100% of the company from its current owners, Ahlstrom Capital and Accent Equity.
Harald Schulz, President and CEO of AR Packaging, said: “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. 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.”