Original Source: www.globenewswire.com
In a significant move to boost its presence in Germany, Berlin Packaging, recognized as the largest Hybrid Packaging Supplier in the world, has made headlines by announcing its agreement to acquire Rixius AG. This German supplier, established 145 years ago, specializes in creating rigid packaging solutions for various sectors, including chemical, pharmaceutical, cosmetics, and food & beverage industries throughout the DACH and Benelux regions. Rixius AG has evolved from a traditional wholesaler into a comprehensive supply partner, offering an extensive range of packaging products alongside value-added services focused on personalization, labeling, and sustainability consultancy.
Marcel Schröder, Senior Vice President at Berlin Packaging EMEA, shared insights on the partnership, highlighting Rixius’ robust reputation for innovation and high-quality offerings, which align seamlessly with Berlin’s core values. He expressed confidence that this merger not only enhances Berlin’s German operations but also broadens its solutions for the industrial market, tying together a common vision for future growth. Rixius CEO Wolfgang Luckhardt echoed these sentiments, underscoring that their deep heritage and expertise will pave the way for new opportunities for clients and employees alike.
In the backdrop of this acquisition, private equity firm BWK, which has held a significant stake in Rixius since 2007, is set to exit its investment upon the deal’s completion. The years under BWK’s stewardship have seen Rixius experience consistent revenue and profitability growth, setting a solid foundation for the partnership with Berlin Packaging. The acquisition is currently working through standard closing procedures, with expectations of completion slated for the fourth quarter of this year.
As the world’s largest Hybrid Packaging Supplier, Berlin Packaging provides a myriad of packaging types—glass, plastic, and metal—along with comprehensive services that include design, financing, and logistics. With a mission centered on enhancing customers’ net income through innovative packaging solutions, Berlin Packaging stands ready to expand its horizons in the European market, promising exciting developments ahead for all stakeholders involved.
Berlin Packaging is a globally recognized packaging supplier that excels in providing diverse packaging solutions. With its strategic focus on mergers and acquisitions to fuel growth in Europe, the recent acquisition of Rixius AG underscores its commitment to expanding capabilities in regional markets. By integrating Rixius, Berlin aims to enhance its portfolio in key industrial sectors and leverage Rixius’ long-standing expertise in packaging innovations.
The acquisition of Rixius AG by Berlin Packaging marks a pivotal point for both companies, allowing for enriched service offerings and heightened market presence in Germany. As each entity combines their strengths, customers and partners can expect innovative solutions and enhanced support. This merger signifies not only growth but also a dedication to sustainability and quality in packaging solutions.
