Diam Pack has acquired a majority share in Verpack Group, a company specializing in set-up boxes and folded cartons for luxury, perfumes and wines and spirits.
The acquisition will allow Diam Pack to provide clients with set-up boxes as well as tin, wooden and multi-material boxes. The company's objective moving forward will be to assist the main luxury actors worldwide in their international development, and to provide them with distinctly innovative and high-quality packaging solutions.
Stephane Viers, president of Verpack, said, “Verpack is a family business with strong values. We have been looking for a partner to expand internationally and offer clients superior service, as well as a wide range of superior and innovative solutions. Through its values, customer focus and global position, Diam is ideally positioned to accompany Verpack’s development.”
Michel Vaissaire, chairman of Diam, added, “Our priority is to provide our clients with complementary products and services in a world in constant evolution. Thanks to the acquisition of MRC in September and Verpack today, Diam Pack has become a key actor in the carton packaging business. Through its excellent and growing team and Stephane’s decision to contribute his expertise to our project, Diam Pack has made key steps in fulfilling its ambition to provide our clients with the services they require, anywhere they want.”