CVC-backed AR Packaging completed the acquisition of Kroha.

CVC-backed AR Packaging, a packaging company, completed the acquisition of Kroha, a specialist in folding carton packaging for pharmaceuticals. Financial terms were not disclosed. "I am very pleased to see AR Packaging as the chosen partner for Kroha. The owner Franz Kroha has developed the company to a well recognised supplier to healthcare customers with high demands. Taking over the responsibilities of Kroha confirms our ambition for further growth of the AR Packaging core segments, both organically and through further acquisitions," Harald Schulz, AR Packaging President and CEO.