VPK Group secures 50% stake in UK’s Ribble Packaging

Group 1 - VPK Group has increased its shareholding in Ribble Packaging from 30% to 50%, gaining joint control alongside existing shareholders [1] - The transaction is part of VPK's long-term strategy to strengthen its position in the fanfold packaging segment and expand its operational reach in Europe [1][3] - Ribble's managing director emphasized that the new joint venture will enhance sustainable growth, innovation, and customer service while maintaining the current organizational structure [2] Group 2 - Fanfold packaging, which is gaining traction in e-commerce and logistics, allows for matching varying product sizes, thereby limiting material use and improving transport efficiency [2][3] - VPK's increased stake supports its strategy of developing a vertically integrated model, as the company operates its own paper mills in Belgium and France [3] - The partnership aims to better serve e-commerce operators and distribution centers focused on right-sized packaging across Europe [3][4] Group 3 - VPK Group's CEO highlighted Ribble's significant investments and experience in the fanfold segment, positioning it as a leading player in the UK market [4] - The deepened partnership is expected to strengthen VPK's position in the fast-growing market for right-sized packaging, responding to increasing demand [4]