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May 14 , 2021 Graphic Packaging HOLDING COMPANY Graphic Packaging Holding Company to Acquire AR Packaging from CVC Funds for $ 1.45 Billion in Cash , Creating Premier Global Provider of Sustainable Fiber- Based Consumer Packaging Solutions - Combination strengthens global positioning and expands scale in large and growing European fiber - based consumer packaging markets - Growth trajectory of combined company aligns with Vision 2025 , providing significant value creation for stockholders and other stakeholders - Graphic Packaging to host conference call at 8:30 am ET / 2 : 30pm CET today to review transaction details ATLANTA and LUND , Sweden , May 14 , 2021 / PRNewswire / -- Graphic Packaging Holding Company ( NYSE : GPK ) , ( " Graphic Packaging " or the " Company " ) , a leading vertically- integrated provider of sustainable fiber - based consumer packaging solutions , and CVC Capital Partners Fund VI today announced a definitive agreement under which Graphic Packaging will acquire AR Packaging Group AB ( " AR Packaging " ) , Europe's second largest producer of fiber - based consumer packaging , for approximately $ 1.45 billion in cash , subject to customary adjustments . Graphic Packaging INTERNATIONAL The combination enhances Graphic Packaging's global scale , innovation capabilities , and value proposition for customers throughout Europe and bordering regions . With a broad set of industry - leading packaging solutions , design expertise , and expanded geographic reach , the combined company will be uniquely positioned to capture continued organic growth opportunities across existing and new global customers and markets . The proposed acquisition of AR Packaging is expected to add $ 1.1 billion in annual sales and $ 160 million in annual Adjusted EBITDA . In addition , the combination is expected to drive total synergies of $ 40 million over 36 months following close . The deal is expected to be immediately accretive to the Company's earnings per share and cash flow .