# De Jong Packaging acquires controlling stake in Germany's WSG corrugated board maker

Dutch corrugated packaging producer De Jong Packaging Group acquired a controlling stake in Wellpappenfabrik Grünstadt-Sausenheim (WSG), a German corrugated sheet and folding box maker founded in 1937. Financial terms were not disclosed and the deal is subject to competition approval.

- Type: Acquisition
- Announced: 2022-07-15
- Where: Grünstadt-Sausenheim, Germany
- Status: completed
- Products: corrugated sheets, folding boxes, die-cut packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [De Jong Packaging Holding](https://endata.com/companies/3840.md) (acquirer)
- [Wellpappenfabrik Grünstadt-Sausenheim](https://endata.com/companies/9467.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/djpg-wsg-acquisition-stake/), 2022-07-15: "DJPG acquired a controlling stake in WSG."

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