Six months after the acquisition of Peterson by VPK Packaging Group, VPK and Klingele have confirmed that they will join forces to continue investing in the Scandinavian business unit. A business and investment plan has been launched to strengthen its market position. Going forwards, Klingele will participate in this Nordic market expansion. The partnership between both manufacturers is a continuation of an existing and successful European collaboration.
To guarantee future growth in the Nordic market, an extensive investment plan has been launched in all three countries. This master plan, in which Klingele now participates through a 26 per cent shareholding, will focus on quality certification, product innovation and productivity increase. With support from two dynamic and experienced packaging manufacturers, Peterson aims to further capitalise on the potential of the burgeoning Scandinavian market to strengthen its market position.
