Graphic Packaging to Acquire QPC Holdings Assets
Ticker: GPK · Form: 8-K · Filed: Feb 4, 2025 · CIK: 1408075
| Field | Detail |
|---|---|
| Company | Graphic Packaging Holding Co (GPK) |
| Form Type | 8-K |
| Filed Date | Feb 4, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, merger
TL;DR
Graphic Packaging is buying QPC Holdings to boost its offerings and market share.
AI Summary
Graphic Packaging Holding Co. announced on February 4, 2025, that it has entered into a definitive agreement to acquire substantially all of the assets of QPC Holdings, LLC. The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions. This acquisition is expected to enhance Graphic Packaging's product offerings and expand its market reach.
Why It Matters
This acquisition is expected to strengthen Graphic Packaging's position in its industry by expanding its product portfolio and customer base.
Risk Assessment
Risk Level: medium — The acquisition is subject to customary closing conditions, which introduces a degree of uncertainty regarding its completion.
Key Players & Entities
- Graphic Packaging Holding Co. (company) — Acquiring company
- QPC Holdings, LLC (company) — Company being acquired
- February 4, 2025 (date) — Announcement date
- first quarter of 2025 (date) — Expected closing period
FAQ
What is the primary purpose of this 8-K filing?
This 8-K filing announces that Graphic Packaging Holding Co. has entered into a definitive agreement to acquire substantially all of the assets of QPC Holdings, LLC.
When is the acquisition of QPC Holdings expected to close?
The acquisition is expected to close in the first quarter of 2025.
Are there any conditions to the closing of the acquisition?
Yes, the transaction is subject to customary closing conditions.
What is the name of the company whose assets Graphic Packaging is acquiring?
Graphic Packaging Holding Co. is acquiring substantially all of the assets of QPC Holdings, LLC.
What is the filing date of this 8-K report?
The report was filed on February 4, 2025.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2025-02-04 08:18:31
Key Financial Figures
- $0.01 — ange on Which Registered Common Stock, $0.01 par value per share GPK New York Stock
Filing Documents
- gpk-20250204.htm (8-K) — 27KB
- gpkq420248-k_exhibit991.htm (EX-99.1) — 261KB
- 0001408075-25-000003.txt ( ) — 432KB
- gpk-20250204.xsd (EX-101.SCH) — 2KB
- gpk-20250204_lab.xml (EX-101.LAB) — 22KB
- gpk-20250204_pre.xml (EX-101.PRE) — 13KB
- gpk-20250204_htm.xml (XML) — 3KB
02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION On February 4, 2025, Graphic Packaging Holding Company issued a press release reporting its fourth quarter and full year 2024 results. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference. As provided in General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 of this Form 8-K are being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS Exhibits Exhibit Number Description 99.1 Press release dated February 4, 2025 reporting fourth quarter and full year 2024 results 101.INS XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 101.SCH Inline XBRL Taxonomy Extension Schema Document. 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document. 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document. 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document. 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. GRAPHIC PACKAGING HOLDING COMPANY (Registrant) Date: February 4, 2025 By: /s/ Lauren S. Tashma Lauren S. Tashma Executive Vice President, General Counsel and Secretary