Hybrid packaging supplier Berlin Packaging has entered a definitive agreement to acquire industrial packaging supplier Bark Packaging Group.
Bark started as a traditional packaging wholesaler and offers industrial, flexible, and UN-certified packaging, as well as a range of services including product design and development, logistics, and inventory management.
In 2017, the company acquired Dutch Pack International to expand into flexible packaging, followed by CarePack in 2021 to expand into UN-certified packaging for the transportation of hazardous goods.
Bark further expanded its business with the acquisition of DeeDee Pouch Professionals in June this year. DeeDee is a supplier of sustainable and innovative pouch solutions and other flexible products for the European food and chemical markets.
Berlin Benelux, Nordics, and DACH regions leader Marcel Schröder said: “The addition of Bark and DeeDee will give Berlin Packaging a stronger foothold in Northern Europe, especially for flexible and UN-certified packaging.
“It will also expand our industrial packaging capabilities in Northern Europe, including Germany, a key European market. We are eager to welcome our new colleagues from Bark and DeeDee and are confident that combining these companies with Berlin Packaging will help us serve our clients better than ever.”
The acquisition is subject to customary closing conditions and is expected to be completed in the fourth quarter of this year.
Berlin will retain all employees and locations that are part of this acquisition.
Following the acquisition, Quadrum Capital, a minority investor in Bark since 2020, will exit its investment in Bark.
Bark Packaging Group joint CEOs and shareholders Berny Plas and Erik Bos said: “We are excited to start this new chapter with Berlin Packaging. Together, we can offer our clients a wide range of cutting-edge solutions and offer our people even more opportunities.”
The financial terms of the transaction have not been disclosed.
In June this year, Berlin Packaging acquired Verrerie du Comtat, a France-based provider of glass packaging for the wine and olive oil markets.