Oak Hill Capital Partners and Canada Pension Plan Investment Board have entered into a definitive recapitalization agreement with Berlin Packaging to facilitate the next stage of its growth. As part of the arrangement, CPPIB will make a $500m investment in the company. “Berlin Packaging is a market leader with a resilient business model built to deliver economic value and brand differentiation for its customers. Alongside our equity partner, Oak Hill, we look forward to supporting further growth and innovation by this industry-leading company that Andrew Berlin and his team have created, as Berlin Packaging continues to expand its value proposition to customers, suppliers and employees.” Ryan Selwood, CPPIB Managing Director, Head of Direct Private Equity.