# Groupe Guillin acquires 90% of Italian packaging maker Ciesse Paper

Groupe Guillin acquired 90% of Ciesse Paper, an Italian maker of cardboard packaging for the fruit and vegetable market, on 2022-09-23. The founders Elisa and Lorenzo Govi keep 10% and remain in operational roles. Ciesse Paper reported 2021 revenue of EUR 28 million and is based in the Mantua area.

- Type: Acquisition
- Announced: 2022-09-23
- Where: Mantua area, Italy
- Status: completed
- Products: cardboard packaging for fruit and vegetables, food packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Groupe Guillin](https://endata.com/companies/3502.md) (acquirer)
- [Ciesse Paper](https://endata.com/companies/9723.md) (target)

## Sources

- [myfruit.it](https://www.myfruit.it/news/groupe-guillin-rileva-la-societa-italiana-ciesse-paper-17513-2022-09-23), 2022-09-23: "Groupe Guillin ha acquisito oggi il 90% delle azioni di Ciesse Paper, lo specialista italiano degli imballaggi in cartone per il mercato ortofrutticolo."
- [esmmagazine.com](https://www.esmmagazine.com/packaging-design/groupe-guillin-acquires-italys-ciesse-paper-217045), 2022-10-05: "France-based food packaging solutions company Groupe Guillin has acquired 90% of the shares of Italy’s Ciesse Paper, a provider of cardboard packaging for the fruit and vegetable market."

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