A&R Carton increases ownership in SP Containers
A&R now holds 67% majority
A&R Carton has announced it has acquired an additional 34% of shares in Speciality Paperboard Containers to give it a majority holding of 67%. The acquisition is hoped to develop SP Containers’ business at a faster rate, whilst broadening A&R Carton’s portfolio with the addition of a paperboard business.
“We are very pleased to increase our share in SP Containers,” commented Per Lundeen, ceo, A&R Carton. “SP Containers’ products complement A&R Carton’s product portfolio very well and together we have strong experience.”