AR Packaging Group AB acquired all outstanding shares in Istragrafika, d.d.

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AR Packaging Group AB has acquired all outstanding shares in Istragrafika, d.d., a producer of high quality folding carton products for the tobacco, food and consumer goods segments. Istragrafika, headquartered in Kanfanar, Croatia, has a workforce of approx. 160 employees. The shares and assets have been purchased from British American Tobacco Croatian subsidiary TDR. Istragrafika, the leading packaging company in Croatia, serves a broad customer base across several segments out of its production facility in Kanfanar. With its skilled workforce, the company has been able to attract and secure a variety of local and multinational customers, including global blue chip companies within markets segments such as tobacco and food service, among others.

The transaction involved several legal workstreams with requirement of simultaneous acquisitions of all shares and production facility and machinery previously leased by Istragrafika. AR Packaging Group has been represented by DTB team of lawyers led by senior partner Damir Topić, partner Marin Vuković (in charge for property acquisition), partner Mario Krka and lead lawyer Juraj Fabijanić (in charge for statutory company matters).