Graphic Packaging Holding Company (GPK), a provider of sustainable fiber-based packaging solutions for industries, on Wednesday said it has received all required regulatory approvals to complete the proposed acquisition of AR Packaging Group AB, a packaging service provider.
The transaction is expected to be completed in early November.
The acquisition is expected to immediately add to Graphic Packaging's earnings, $1.1 billion in annual sales, and $160 million in adjusted EBITDA.
On May 14, Graphic Packaging announced the acquisition of the Swedish firm, to create a global provider of sustainable fiber-based consumer packaging solutions.
According to the deal inked earlier this year, Graphic Packaging was to acquire the fiber-based consumer packaging firm for approximately $1.45 billion in cash.
At NYSE, Graphic Packaging Holding Company, on Tuesday closed at $18.79 per share, a decline of 0.11 percent, compared to previous close of $18.81 per share.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.