Ahlstrom Capital and Accent Equity announced in June their plans to combine the packaging industry operations of the two companies. The necessary arrangements have now been completed according to A&R Carton, and the new company, Arch Packaging Group, and its owner structure became effective as of 26th August 2011. The merger strengthens the competitiveness of the constituent companies A&R and Flextrus, which will continue to operate on the market as separate companies and brands.
A&R Carton, headquartered in Malmö, Sweden, is one of the leading European paperboard packaging solution providers. It employs 1,670 people and has 14 production plants in 8 European countries, as well as a sales network covering Europe, the U.S and parts of Asia. The company’s net sales in 2010 amounted to Euro 353 million, is to be said.