{"id":4728,"date":"2025-01-10T06:11:07","date_gmt":"2025-01-10T11:11:07","guid":{"rendered":"https:\/\/www.packagingindustrynews.com\/?p=4728"},"modified":"2025-01-10T06:11:07","modified_gmt":"2025-01-10T11:11:07","slug":"berlin-packaging-completes-acquisition-of-rixius-in-germany","status":"publish","type":"post","link":"https:\/\/www.packagingindustrynews.com\/?p=4728","title":{"rendered":"Berlin Packaging completes acquisition of Rixius in Germany"},"content":{"rendered":"


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The deal was formally agreed upon last November. Credit: Siwakorn1933 via Shutterstock.<\/figcaption><\/figure>\n<\/p><\/div>\n

Berlin Packaging, a supplier of packaging solutions, has finalised the acquisition of Rixius, a German rigid packaging solutions provider.<\/p>\n

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In November last year, Berlin Packaging reached an agreement<\/a> to acquire Rixius.<\/p>\n

Under the terms of the agreement, private equity company BWK, a significant shareholder in Rixius since 2007, agreed to exit its investment once the sale to Berlin Packaging was finalised.<\/p>\n

Established in 1879, Rixius has evolved from a traditional packaging wholesaler to a value-added supply partner.<\/p>\n

The company offers its products to the chemical, pharmaceutical, cosmetics, as well as food and beverage markets across the DACH and Benelux regions.<\/p>\n

DACH refers to the group of countries comprising Germany, Austria, and Switzerland, whereas Benelux denotes the economic union of Belgium, the Netherlands, and Luxembourg.<\/p>\n

Berlin Packaging Europe, the Middle East and Africa (EMEA) Northern Region senior vice-president Marcel Schr\u00f6der said: \u201cToday, we completed the acquisition of Rixius, further reinforcing our position in EMEA. I am excited for the new opportunities this partnership will create for both our companies.\u201d<\/p>\n

The deal is expected to bolster Berlin Packaging\u2019s footprint in Germany and expand its industrial packaging offering.<\/p>\n

Rixius CEO Wolfgang Luckhardt said: \u201cRixius has grown consistently over the past years and now we are starting a new chapter. Our team and I look forward to working with Berlin Packaging and to further expanding our business.\u201d<\/p>\n

In September last year, Berlin Packaging introduced its new \u20181Berlin Shared Ownership Programme\u2019.<\/p>\n

This programme provided its global employees at all levels with an ownership stake in the company. The initiative required no financial contribution from the employees.<\/p>\n

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