Materials M&A » By The Online Investor Staff, updated Sat., May. 8, 1:18 AM
Recent mergers and acquisitions in the Materials M&A category.
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Slide #67. Graphic Packaging Holding Company — A&R Carton's Beer and Beverage Packaging Business
Acquirer:
Graphic Packaging Holding Company (NYSE:GPK)
Acquiree:
A&R Carton's Beer and Beverage Packaging Business
Details:
Graphic Packaging Holding Company, a leading provider of packaging solutions to food, beverage and other consumer products companies, today announced an agreement for one of its subsidiaries to acquire A&R Carton's Beer and Beverage packaging business in Europe.
Graphic Packaging Holding is a provider of paper-based packaging solutions for a range of products to food, beverage, foodservice and other consumer products companies. Co.'s segments are: Paperboard Mills, which produces primarily coated-recycled paperboard, coated unbleached kraft paperboard, and solid bleached sulfate paperboard; Americas Paperboard Packaging, which includes paperboard packaging, primarily folding cartons, sold to Consumer Packaged Goods (CPG) companies, and cups, among others; and Europe Paperboard Packaging, which includes paperboard packaging, primarily folding cartons, sold primarily to CPG companies serving the food, beverage and consumer product markets in Europe.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 32nd percentile
(ranked lower than approx. 68% of all stocks covered)
Analysts' Target Price: GPK Stock Forecast Based on Zacks ABR data; powered by Xignite |
