The Guillin Group has confirmed that its French subsidiary Alterecopack has acquired two Belgian companies: Gruyaert Verpakking srl and V de V Verpakkingen SA.
Gruyaert is a Blegian manufacturer of customised cardboard pastry boxes. V de V distributes Gruyaert’s packaging in the Belgian market, as well as a range of complementary products. In 2024, these two companies generated combined revenue of €19m and employed around 40 people.
With this acquisition, the Guillin Group is continuing its strategy of expanding its product offering, enabling it to meet all its customers’ needs and further strengthening its expertise in the food packaging solutions market.
“Gruyaert and VdeV are family businesses, driven by a love of their products and a commitment to a job well done. We were impressed by their expertise, their rigor, and their remarkable manufacturing processes. This acquisition strengthens the expertise of our WEFOLD paper/cardboard sites and our presence in the printed and customised cardboard packaging segment,” says Sophie Guillin, CEO. “Strengthened by our shared values and our common goal of putting customer satisfaction at the heart of our decisions, we will strive to continue the wonderful entrepreneurial adventure of Gruyaert and VdeV with passion and ambition.”
“All our teams are involved in this exciting project, which marks the beginning of a new chapter for our companies. We are joining a dynamic family-owned group with values that are identical to ours. We share with the Guillin Group the goal of offering our customers high-quality, customizable products manufactured in Europe, with impeccable logistics. We are convinced of the relevance of this partnership, which brings together recognised expertise in the market to serve our customers,” said Frank Van de Vloet, representative of the sellers.
