Joint growth through joint venture

Van Genechten Packaging and the CartonCare Group have signed a 50/50 joint venture agreement and want to grow together.

Quality and customer service are at the centre of the work of Van Genechten Packaging and the CartonCare Group. The two companies have signed a 50/50 joint venture agreement and want to work together on their growth.

The CartonCare Group is privately owned and specialises in printing and packaging with an annual turnover of 30 million euros. Just like Van Genechten Packaging (VGP), the company has a strong focus on quality and a passion for excellent, customer-oriented service in order to meet the demands of the FMCG industry - for VGP, the leading provider of carton packaging solutions for the European consumer goods industry with an annual turnover of around 400 million euros, the company is the Perfect partners for joint growth.

"This merger is an exciting next step for the CartonCare Group. We look forward to working with Van Genechten Packaging, a company that, despite its size, has retained many of the values that are important to us. Its decades of experience, expertise and commitment are undeniable. I personally look forward to offering even more to our customers and potential customers with this joint venture and to driving innovation and creativity together in the most sustainable way possible."

Joanna CalixtoManaging Director of the CartonCare Group

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With three sites in the UK (two in Northern Ireland and one in England), CartonCare's packaging expertise is built on a solid foundation of innovation and creativity. These qualities, combined with the company's own high performance culture, have enabled CartonCare to secure an excellent reputation in various market sectors across the UK and Ireland. The Group can trace its roots back 145 years and has a broad customer base for both standard and premium packaging built up. Thanks to its strong entrepreneurial spirit, the company has grown with a future-oriented perspective and the inclusion of new technologies on a growth course.

"Apart from sharing the same DNA, our two companies are already independently at home in some of the same market segments. The CartonCare Group's business links are an ideal complement to Van Genechten Packaging's presence in the UK market. Consequently, this strategic move provides us with additional opportunities to expand our design and production capabilities and our European presence, creating even greater value for our customers. We look forward to a successful co-operation."

Frank OhleCEO of the Van Genechten Packaging Group

Source: Van Genechten Packaging 

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