VPK Group has entered into an agreement to acquire a majority stake in Zetacarton, an Italian corrugated cardboard company based nearby Como. With this new step, VPK Group is setting foot in Italy for the first time.
Zetacarton, an Italian company led by the Zanfrini family, is a leading producer of corrugated board packaging including special niche products such as fanfold and big-box packaging.
Expanding geographic coverage of fit2size® packaging
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 digital single pass printer, further expanding its product offering. The new high speed printing unit works with water-based pigment inks. This high-end 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.
Continued sustainable growth
In 2022, Zetacarton produced 106 million m² of cardboard at its modern plant, employing 110 people, and generated 75 million euros in revenue that same year.
Like VPK Group, the company relies on solid foundations. With their customer focus, years of experience and flexibility, they are able to quickly respond to market dynamics and customer needs. Serena and Giuseppe Zanfrini will continue to lead the company, as they have done successfully in most recent years.
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.
Source: VPK Group
