# P. Van De Velde Group acquires folding carton maker Koninklijke Schut

Packaging producer P. Van De Velde Group acquired folding carton manufacturer Koninklijke Schut, which becomes part of Van De Velde Packaging; the combined group has about 270 employees and annual revenue of about EUR 65 million.

- Type: Acquisition
- Announced: 2017-09-13
- Where: Eerbeek, Netherlands
- Status: completed
- Products: folding cartons, folding plastic packaging, cartoning machines, sleeve applicators
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [P. Van De Velde Group](https://endata.com/companies/2050.md) (acquirer)
- [Koninklijke Schut](https://endata.com/companies/2051.md) (target)

## Sources

- [consultancy.nl](https://www.consultancy.nl/nieuws/14605/vier-ma-bureaus-begeleiden-p-van-de-velde-group-koninklijke-schut-deal), 2017-09-13: "Van De Velde Packaging, de vouwkartonafdeling van zijn nieuwe eigenaar."

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