Corenso's European and Chinese Businesses by VPK Packaging Group Close Acquisition
On May 7, VPK Packaging Group has completed the transaction to join VPK’s core division Corex and Corenso’s European and Chinese businesses - creating a firm partnership between two customer-focused market players with proven track record.
VPK Packaging Group’s CEO Pierre Macharis: "VPK is excited to welcome Corenso and looks forward to the future prospects of Corex and Corenso as one company. A decentralised business model, combined with a wide geographical reach, is what will continue to differentiate us in the market. Building on a common culture of customer-focused local empowerment, we have a unique opportunity to learn from each other, share best practices and combine the experiences, talent and strengths into one organisation."
A key strength for the combined business is the well-balanced capacities of coreboard and cores, providing the required stability to consistently deliver high-quality products and services and to further enhance business continuity and stability for all our customers.
TAPPI
http://www.tappi.org/