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Guillin Group's French subsidiary Alterecopack acquired Belgian packaging companies Gruyaert Verpakking, a maker of customized cardboard pastry boxes, and distributor Verpakkingen V de V. The two companies had combined 2024 revenue of EUR 19 million and about 40 employees.
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.