Graphic Packaging and Altivity Merge

MARIETTA, Ga., and CHICAGO—Graphic Packaging Corporation and the owners of Altivity Packaging, LLC announced that they have signed a definitive agreement to combine the two companies. The new company will be called Graphic Packaging Holding Company and will trade under the NYSE ticker symbol “GPK”.

The new company has significantly expanded product offerings, market reach, and technology capabilities and expects to have 47 folding carton facilities, 12 multi-wall & specialty bag facilities, 10 paperboard mills, 6 flexible packaging facilities, 5 ink manufacturing facilities, 3 label facilities and 3 packaging machinery manufacturing facilities worldwide. The combined management team has a strong track record of achieving performance improvement objectives and of successfully integrating businesses.