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VPK Group
From Wikipedia, the free encyclopedia

VPK Group is a manufacturer of recycled paper and board, and protective packaging. By volume, the company’s main activities are related to corrugated box manufacturing. However, the company also has a major division producing solid board packaging and cardboard cores and tubes.

Contents
 * Activity
 * History
 * Operations
 * External Link
 * References

Activity
Headquartered in Belgium, VPK Group employs about 7000 people, active in 70 plants, spread across 20 European countries and China.

The company’s overall brand portfolio includes VPK Paper(recycled paper); VPK Packaging (corrugated board); Smart Packaging Solutions (solid board); Corex (cores and tubes).

VPK Group recycles annually close to 2.0 million tons of paper and board in its six paper mills.

The company is still in hands of a limited number of shareholders within the founding family. Pierre Macharis, grandson of the founder, is current CEO since 1992. An annual growth rate (CAGR) of 12 % of sales was achieved by the company and its management over this 30-year period.

History
1936: VPK was founded in Oudegem (Belgium) by Omer Macharis.

1947: Fernand Macharis, Omer’s son, joined the company and develops the mill’s activities.

1968: Strategic decision to convert the mill’s product portfolio towards corrugated board packaging.

1995: First step outside Belgium: a green field plant is built in the Netherlands.

1997: Ondulys with 5 corrugating plants was acquired in France.

1999: The group was listed on Euronext (until 2013) to finance its growth.

2000: Acquisition of Rigid in UK.

2005: Start of Central European strategy with the building of new corrugated packaging plants in Poland and Romania.

2007: Expansion of Corex with acquisitions in The Netherlands, Poland and Czech Republic.

2010: Acquisition of Mondi corrugated packaging plant in Saint Quentin, France.

2013: VPK Group and Klingele acquired UPM Stracel in Strasbourg and converted the virgin fibre magazine paper mill into a recycled containerboard mill (now known as Blue Paper).

2016: Peterson with 5 corrugated board plants was acquired in Scandinavia.

2017: Acquisition of Solidpack in Loenen brings Smart Packaging Solutions into top-tier solid board packaging manufacturing.

2019: Corenso was acquired and Corex became market leader in the core manufacturing business in Europe, with presence in Turkey and China.

2020: Corrboard and Encase in UK and Viallon Emballage in France were acquired.

2022: VPK converts Alizay Double A Paper in Normandy into a production site of light weight recycled containerboard and dedicated e-commerce packaging.

Operations
VPK GROUP plant overview : https://www.vpkgroup.com/en/plant-overview

External Link
Official website: https://www.vpkgroup.com