# VPK Packaging agrees to acquire Corenso's European and Chinese businesses

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

- Type: Acquisition
- Announced: 2019-05-08
- Status: announced
- Capacity: 285,000 tons conversion capacity; 300,000 tons coreboard production capacity after deal
- Products: coreboard, cardboard tubes and 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

- [corexgroup.com](https://www.corexgroup.com/en/news/vpk-packaging-group-acquires), 2019-05-08: "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.