# VPK Group forms joint venture with IEMME Packaging in Italy

Belgium-based VPK Group is taking a stake in Italian corrugated packaging company IEMME Packaging, based in Gambolò near Milan, to expand its paper-based packaging offer in Italy. IEMME produced 70 million m² of cardboard and generated about €40 million revenue in 2023.

- Type: Acquisition
- Announced: 2024-01-22
- Where: Gambolò, Italy
- Status: announced
- Capacity: 70 million m² of cardboard per year (2023)
- Products: corrugated packaging, printed fanfold, digitally printed packaging, die-cut boxes, sheet cardboard

## Companies

- [VPK](https://endata.com/companies/344.md) (partner)
- [IEMME Packaging](https://endata.com/companies/11458.md) (partner)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/vpk-group-joint-venture-iemme-corrugated-packaging/), 2024-01-22: "Belgium-based VPK will join IEMME's capital to further lead and develop the organisation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.