AR PACKAGING TO CONSOLIDATE THE EUROPEAN HEALTHCARE AND BEAUTY PACKAGING MARKET THROUGH FURTHER ACQUISITIONS

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In line with its set strategy to become a global leader in selected segments, 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 well-reputed 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 printing, and has around 70 employees.

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