Graphic Packaging Holding Companyintends to acquire Americraft Carton, Inc. for approximately $280 million. The transaction includes seven well-capitalized converting facilities.
The proposed acquisition is expected to add approximately $200 million in sales, $30 million in Adjusted EBITDA and significant opportunities for paperboard integration upon completion. Synergies are expected to contribute an additional $10 million of Adjusted EBITDA within 24 months of closing.
Americraft Carton, Inc. is a leading independent folding carton producer in North America, extending participation into new and existing end markets while continuing to increase paperboard integration rates.
Graphic Packaging Holding Company is a leading provider of sustainable fiber-based packaging solutions.
