VPK Group has entered into an agreement to acquire a majority stake in Zetacarton, the Italian corrugated company based nearby Como, which produces a broad range of corrugated packaging and niche products such as fanfold and big-box packaging. With this step, VPK Group is setting foot in Italy for the first time.
With their product offering of printed fanfold – a technology that makes it possible to produce tailored packaging, eliminating void fill and reducing logistics costs – Zetacarton complements VPK Group’s fit2size® offering. This further expands the group’s geographical coverage for fanfold and enables it to serve e-commerce logistics distribution centres across Europe. Acquiring a majority stake in Zetacarton underlines VPK’s ambition and belief in the future of fanfold solutions.
Zetacarton recently invested in a new Hanway digital single pass printer, further expanding its product offering. The new high speed printing unit works with water-based pigment inks. This digital printing machine allows quick switching between short print jobs and delivers superior printing accuracy. The machine forms the centrepiece of a high-productivity digital pole.
In 2022, Zetacarton produced 106 million sqm of board at its plant, employing 110 people, and generated €75m in revenue that same year.
The acquisition is in line with VPK Group’s long-term vision and strategy to focus on sustainable growth and further expand its vertically integrated value-added business model across Europe.