VAN DE VELDE PACKAGING GROUP STRENGTHENS ITS AMBITIONS THROUGH A STRATEGIC PARTNERSHIP WITH KARTESIA
Wetteren, 14 May 2025 – Van De Velde Packaging Group (“the Company”) is embarking on a new chapter with renewed investment from Kartesia. As a European investor with a focus on sustainable growth, Kartesia will provide strategic support to further strengthen Van De Velde Packaging Group's ambitions.
Strategic partnership for sustainable growth
Kartesia reinforces its continued commitment to Van De Velde Packaging. Since 2021 the Company, supported by Kartesia, has built a solid operational base and achieved significant growth through strategic acquisitions.
Van De Velde Packaging and Kartesia are joining forces (“the Transaction”). Building on this continued strategic partnership, the Company is strengthening its capital structure with the backing of a strong equity partner. With this step, Van De Velde Packaging strengthens its long-term ambitions and builds momentum to achieve its goals, with the steady vision and values shaped by generations of entrepreneurship.
Completion of the Transaction is subject to obtaining customary regulatory approvals.
Business continuity and cooperation
Philip Vanbelleghem will transition to chairman of the board. In collaboration with the management team, the board will ensure the continued smooth operation of the business.
Philip Vanbelleghem, chairman of the board, said: “This step means a new chapter for Van De Velde Packaging. In a rapidly changing world, it is important to think ahead and have strong partners on board. I am convinced that continued collaboration with Kartesia will help us to realise our ambitions, while remaining true to the values and heritage of our family business.”
Jean Diercxsens, Partner and Head of Belgium & The Netherlands at Kartesia, added: “Van De Velde Packaging is an excellent example of an ambitious family-owned group with solid foundations and a clear vision for the future. This partnership fits well with our approach of providing targeted support to European companies that are actively pursuing organic growth and consolidation opportunities. We look forward to working with the team at Van De Velde Packaging to further build on their success, supported by our extensive knowledge, experience and capital.”
Van De Velde Packaging and Kartesia are confident that this partnership provides a strong foundation for the company's next phase. The joint focus is on continuing to supply high-quality and sustainable cardboard packaging to customers worldwide.
