# VPK Packaging Group agrees to acquire European and Chinese units of Corenso

VPK Packaging Group agreed to buy the European and Chinese coreboard and tube businesses of Corenso from NPAC International, comprising two coreboard mills and 13 core converting plants. Completion is expected in the second quarter of 2019.

- Type: Acquisition
- Announced: 2019-02-21
- Where: Finland, France and China
- Status: announced
- Capacity: 300.000 tons coreboard; 285.000 tons conversion
- Products: coreboard, cardboard tubes, cores

## Companies

- [VPK](https://endata.com/companies/344.md) (acquirer)
- [Corenso](https://endata.com/companies/4651.md) (target)
- [NPAC International](https://endata.com/companies/4652.md) (partner)

## Sources

- [globalpapermoney.com](https://www.globalpapermoney.com/vpk-packaging-group-has-reached-an-agreement-to-acquire-corenso-cms-10741), 2019-02-21: "VPK Packaging Group has reached an agreement to acquire the European and Chinese businesses of coreboard and tube producer Corenso."

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