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Berlin Packaging has signed a definitive agreement to acquire Bark Packaging Group, a supplier of industrial, flexible and UN-certified packaging. The deal strengthens Berlin Packaging's position in Northern Europe, and Quadrum Capital will exit its minority stake on completion.
Fortaleza Capital acted as exclusive corporate finance adviser to the shareholders of Bark Packaging Group on the sale of a minority stake to Quadrum Capital. Bark Packaging Group is headquartered in Eerbeek, Netherlands, with 36 employees.
Erik Bos, currently CCO at Bark Packaging Group, will take over as CEO from Berny Plas, who will remain actively involved in the company.
Quadrum Capital has added Bark Packaging Group, a Dutch packaging management intermediary, to its portfolio as a minority investment to fund international growth. The article gives no deal value.
