is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Oak Hill Capital Partners buys Berlin Packaging for $1.43 billion

Article-Oak Hill Capital Partners buys Berlin Packaging for $1.43 billion

Private equity firm Oak Hill Capital Partners has completed its acquisition of Berlin Packaging, a supplier of rigid packaging products and services in North America. Oak Hill invested in partnership with Berlin Packaging's current management team, led by chairman and CEO Andrew Berlin, who retains a significant ownership position. Berlin and the current management team will continue to manage the business. Founded in 1898, Berlin Packaging has a broad offering of services includes structural and brand design, worldwide sourcing, warehousing and logistics and capital financing.

Tyler Wolfram, managing partner at Oak Hill, said, "We are delighted to have completed this acquisition. The investment in Berlin Packaging is representative of Oak Hill's theme-based investment strategy and specifically aligns with one of our core themes targeting industry-leading, value-added strategic suppliers. Berlin Packaging is a best-in-class business in a very attractive market with significant growth avenues. We are excited to execute Berlin Packaging's strategy in partnership with Andrew and his outstanding team."

Andrew Berlin said, "The Berlin Packaging team is highly enthusiastic to take our business to the next level. Berlin Packaging's customers, suppliers, and employees alike can look forward to new opportunities and enhanced growth. Importantly, as we pursue these opportunities, it's business as usual. This means we will continue to offer the same outstanding products, solutions, and service levels, and there will be no changes to the team our customers and suppliers work with. Our new partnership with Oak Hill will create wins for all of the company's stakeholders."

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish