On 2 January, Graphic Packaging Holdings Company announced that it has completed the acquisitions of Contego Packaging Holdings, Ltd., a food and consumer products packaging company based in the United Kingdom, and A&R Carton Holding B.V., which is A&R's European beer and beverage packaging business.
Contego’s food and beverage carton business in the UK, the Netherlands and Ireland involves Contego Packaging Group's sites at Leeds, Gillingham, Hoogerheide and Portlaoise. A&R Carton’s beer and beverage business includes two plants in Sneek in the Netherlands and in Bremen, Germany.
According to Graphic Packaging, the combination of the company’s European packaging business with these two acquisitions will create one of Europe's largest folding carton businesses. Graphic Packaging said the two acquisitions would provide state of the art web and sheet-fed converting assets creating a manufacturing platform in Europe similar to Graphic Packaging's U.S. operations.
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