VPK Group Secures 50% Stake in UK’s Ribble Packaging
2025-12-13 16:00
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Wedoany.com Report-Dec.13, Belgian packaging provider VPK Group has agreed to raise its ownership in UK-based corrugated cardboard manufacturer Ribble Packaging from 30% to 50%.

Fanfold is a continuous strip of corrugated board with pre-scored folds that can be cut to length.

This adjustment grants VPK equal joint control with Ribble's current shareholders, building on the initial minority stake acquired in 2023.

The move supports VPK's broader objective to expand its presence in the fanfold packaging category and broaden its European footprint.

VPK's existing fanfold operations encompass facilities in Alizay, France, and the Zetacarton site in Senna, Italy.

Ribble managing director Stephen Rector stated: "This new 50/50 joint venture position unlocks the full potential of the Ribble/VPK partnership and will facilitate and support continued sustainable growth, innovation and enhanced service for our customers. Ribble's organisation structure, strategy and day-to-day activities remain unchanged."

Fanfold corrugated board consists of a continuous length with predefined creases, allowing customization to specific dimensions. This format is increasingly adopted in e-commerce and supply chain operations due to its efficiency in material utilization and loading optimization.

The enhanced stake reinforces VPK's approach to vertical integration within its supply chain.

The company maintains paper production mills in Belgium and France.

Through this collaboration, VPK seeks to better address needs from online retailers, logistics hubs, and users requiring precisely sized packaging solutions throughout Europe.

VPK Group CEO Pierre Macharis added: "Ribble has invested significantly in recent years and, with more than 80 years of experience – including 30 years in fanfold – has evolved into a leading UK market player in this segment. By deepening our partnership, we strengthen our position in this fast-growing market and respond to the increasing demand for right-sized packaging."

In July 2025, VPK Group named Patrick Leclercq as divisional CEO for its corrugated board operations.

This development reflects ongoing consolidation and specialization trends in the European packaging industry, driven by evolving customer requirements for adaptable and resource-efficient solutions.

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