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Van Genechten Packaging signs deal to acquire Poland-based DOT2DOT SA with locations in Gdańsk and Warsaw
Turnhout, July 17, 2024 | Van Genechten Packaging (VGP) proudly announces that it has acquired 100% of the shares of the Polish DOT2DOT Group, which operates from two locations in Poland. This group of companies, with a combined annual turnover exceeding 50 million euros, specialises in premium packaging for the beauty, confectionery, personal & health care, and premium spirits sectors. With DOT2DOT’s solid customer base, advanced packaging design, and robust production capabilities, they are the perfect partner to join our VGP growth strategy. The transaction is subject to the usual anti-trust approvals.
Edgar Kolesnik, partner at Abris Capital Partners, comments:
Alongside the enormously dedicated and determined management and the broader senior team, we successfully completed the transformation of DOT2DOT from three founder-led businesses into an integrated company with well-diversified sales, two modern production plants, a strong culture and unified technology standards. We are pleased that the company is in fantastic shape to move into the next phase of its growth story with Van Genechten.”
Frank Ohle, CEO of Van Genechten Packaging Group, adds:
Apart from sharing the same DNA, we are leveraging our capabilities in several strategic market segments. With this acquisition, we are not only strengthening our European market position in premium packaging but also significantly extending our multinational customer base. We look forward to a successful collaboration and the exciting opportunities ahead.”
About DOT2DOT
DOT2DOT SA, in its present form, is the result of the 2017 merger of three leading Polish companies in the packaging industry: Graf-Pozu, established in 1987 and based in Batorowo; Druk Markuszewscy based in Gdańsk; and Drukpol established in 1989 and based in Sulejówek. DOT2DOT was owned by a subsidiary of a fund managed by Abris Capital Partners. With their current locations in Gdańsk and Warsaw, DOT2DOT operates in compliance with ISO 9001:2015, ISO 14001:2015, and BRCGS Packaging standards, ensuring the highest production safety standards. Additionally, they provide packaging solutions according to FSC® and PEFC standards at both sites.
dot2dot.pl/
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From left to right
Steven De Jonghe, General Counsel, Van Genechten Packaging
Frank Ohle, Chief Executive Officer, Van Genechten Packaging
Edgar Kolesnik, Partner, Abris Capital Partners
Bartosz Owedyk, Investment Associate, Abris Capital Partners
Contact Us
sales@vangenechten.com
Heidi Vanspauwen
Group Marketing & Communications Director
Raadsherenstraat 2
B-2300 Turnhout
Tel: 0032 14 40 36 40
About Van Genechten Packaging (VGP)
Where people, brands and folding carton meet, that is where the magic happens at VGP, every single time. For 190 years VGP has believed in the unique impact of packaging for brands and products, for people and the planet, and made it work.
One of the last truly independent European packaging specialists. Present in 9 countries, with HQ in Turnhout, Belgium, and 12 folding carton sites, 1 extrusion site, and 1 rigid box design and production center. Customers have come to value both this presence and independent spirit: including VGP’s ‘people first’ approach, where customer-centric collaboration is key to success. It has won the company many leading industry awards.
VGP generates an annual revenue of about 450 million euros. As a leading provider of packaging in European fast-moving consumer goods, the company continues to grow in printed folding cartons, offset laminated corrugated board, POS displays and a wide range of other packaging solutions.
www.vangenechten.com