VPK Packaging completed the acquisition of European and Chinese businesses from Corenso.

VPK Packaging, a packaging supplier, completed the acquisition of European and Chinese businesses from Corenso, a tube producer. Financial terms were not disclosed. "Corex and Corenso have made an impressive journey over the last decade. We are delighted to join forces to provide a wider geographical coverage while making optimum use of the network and the expertise of VPK. Our customers can rely on unique quality and service offered by Corex and Corenso. By integrating two additional paper mills, we also provide a strategic, geographical axis for raw material supply from Finland via Belgium to the south of France," Pierre Macharis, VPK Packaging CEO.