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Van Genechten Packaging has acquired 100% of its UK joint venture with CartonCare Group, a printed folding carton maker based in Northern Ireland with a combined turnover of EUR 30 million. The deal brings VGP to 12 sites in 9 countries.
Van Genechten Packaging completed a 50:50 joint venture with UK-based CartonCare Group, which has three packaging companies with three locations in the UK and combined annual turnover of about EUR 30 million.
Belgium-based Van Genechten Packaging signed a joint venture with UK packaging group CartonCare in October 2022, expanding its premium packaging business with three UK sites. Van Genechten forecasts 2022 turnover of €400 million.
