Oak Hill Capital Partners recently entered into an agreement with Investcorp to acquire Berlin Packaging for approximately EUR 1.13 billion. The transaction is expected to close during the first week of October.
Berlin Packaging is a supplier of rigid packaging products and services in North America. The company’s broad offering of services includes structural and brand design, worldwide sourcing, warehousing and logistics, and capital financing.
Berlin Packaging operates under the leadership of Chief Executive Officer, Andrew Berlin.
Tyler Wolfram, Managing Partner, Oak Hill, said, “Berlin Packaging is a high-calibre business experiencing double-digit growth and targeting a large addressable market opportunity. We are excited to partner with Andrew Berlin and his talented team to support the company through its next phase of growth, as the company expands organically and through strategic acquisitions.”
“Over the course of our partnership, Berlin Packaging improved its profitability, delivered strong organic growth, and executed several strategic add-on acquisitions,” said Mohammed Al Shroogi, President of Gulf business, Investcorp.
