De Jong Verpakking buys majority in Bangma in the Netherlands

De Jong and Bangma trucks, Image courtesy of DJV
De Jong and Bangma trucks, Image courtesy of DJV
03 Aug 2020 − 

Following the purchase of the British company Ecorrugated at the beginning of July, De Jong Verpakking (DJV) completed the acquisition of a majority stake in Bangma Verpakking at the end of July.

With this step, DJV strengthens its position in the Dutch market for food packaging and expands its network of packaging erecting centres in the Netherlands.

Dutch regulatory authority Autoriteit Consument en Markt has already approved the transaction. Financial details were not disclosed.

EUWID Pulp and Paper keeps busy professionals up-to-date on the latest news from international pulp and paper markets.

Test EUWID Pulp and Paper free of charge and without any obligation by clicking here.

previous − Kama Karton to begin FBB production at end of 2020

Folding box producer Leupold to be sold to private equity firm  − next