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Guillin, a European food packaging group, has completed the acquisition of Gault et Frémont, a maker of paper bags, cardboard boxes and baking paper with four sites in France and Belgium, from UI Investissement. Gault et Frémont reported 2020 sales of 63 million euros.
UI Investissement has entered exclusive negotiations to sell packaging maker Gault & Fremont, based in Saint-Pierre-des-Corps, France, to the listed packaging group Guillin.
Groupe Guillin has entered exclusive negotiations with UI Investissement to acquire Groupe Gault & Fremont, a French and Belgian maker of paper bags, cardboard boxes and baking paper with 270 employees across four sites. The announcement is dated March 2, 2021.
