# CGW agrees to acquire competitor Lacaux Frères in French corrugated packaging consolidation

French corrugated packaging manufacturer Cartonneries de Gondardennes (CGW) signed an agreement to take over competitor Lacaux Frères, an integrated producer of corrugated board and packaging. The transaction is expected to complete in April 2019.

- Type: Acquisition
- Announced: 2019-04-10
- Where: Vienne, France, France
- Status: announced
- Products: corrugated board, corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cartonneries de Gondardennes](https://endata.com/companies/4892.md) (acquirer)
- [Lacaux Frères](https://endata.com/companies/4893.md) (target)

## Sources

- [euwid-paper.com](https://www.euwid-paper.com/news/companies/consolidation-on-french-corrugated-packaging-market-br-cgw-to-acquire-lacaux-freres/), 2019-04-10: "The two companies announced they had signed a corresponding agreement. The transaction is expected to be completed in April."
- [graphiline.com](https://www.graphiline.com/article/30818/cartonneries-gondardennes-62-agrandissent-groupe-lacaux-86), 2019-04-21: "Depuis le 18 avril dernier, le groupe Cartonneries de Gondardennes (CGW) basé à Wardrecques dans le Pas-de-Calais s'est agrandi d'une papeterie et de plusieurs cartonneries."

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