Jul 10, 2014. /Lesprom Network/. At the end of June 2014 AR Packaging acquired the premises of the manufacturing plant in Augsburg in Germany. The investment of Euro 2.2 million is financed out of the operational cash flow, as the company said in the press release received by Lesprom Network.

“The strengthened financial position of the company gives us much more flexibility in optimizing the capital structure of the group and eliminating unfavourable lease contracts. Further this will strengthen our competitiveness in the market,” says Niclas Nyström, CFO of AR Packaging.

AR Packaging Group is one of Europe’s leading companies in the packaging sector with a turnover of some Euro 414 million and 1,600 employees in 14 factories in 7 countries.