Today techs GROUPE GUILLIN ANNOUNCES THE ACQUISITION OF

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GUILLIN GROUP

Press launch
Ornans, September 22, 2022

GUILLIN GROUP ANNOUNCEMENT L’ACQUISITION DE ITALIAN SOCIETY CIESSE PAPER

European chief in meals packaging options and related supplies, Groupe GUILLIN immediately acquired 90% of the shares of CIESSE PAPER, the Italian specialist in cardboard packaging on the fruit and vegetable market. Elisa and Lorenzo Govi, present managers of the household firm, stay shareholders with 10% and proceed to satisfy their operational roles inside the firm.

With acknowledged know-how and a variety, CIESSE PAPER achieved a turnover of €28 million in 2021. It gives a whole service that features technical and graphic design, manufacturing and the sale of today techs packaging. in cardboard for producers and packers of fruit and greens. The CIESSE PAPER website is positioned close to Mantua, a perfect location to produce the principle fruit and vegetable manufacturing areas each in Italy and today techs in Europe.

This strategic acquisition for Groupe GUILLIN is a part of its long-term imaginative and prescient which goals to additional strengthen and full its industrial and industrial experience so as to supply the widest vary of multi-material meals packaging on its markets and thus meet all of the wants of its prospects.

The acquisition will enable CIESSE PAPER to take a brand new step and speed up its improvement by benefiting from the expertise of the Guillin Group.

“We’re very joyful to combine CEAT PAPER in our Group andthus giving our prospects entry to a diversified vary et multidistinctive supplies in Europe » says Sophie Guillin, Managing Director of the Guillin Group. « This acquisition is totally according to our technique of growing and strengthening our presence on the sector of the vegetables and fruit in Italy and extra broadly in Europe ».

” All‘It’sgroup decEAT PAPER is related to this mission which could be very motivating and marks today techs the start of a brand new journey pour our society. We be part of a dynamic group with values ​​an identical to ours; that is an thrilling improvement for the corporate and its staff and we’re proud to affix Groupe GWILLIN » say Elisa and Lorenzo Govi, members of the CIESSE PAPER Board of Administrators.

A About Group GWILLIN :
French household group created in 1972the GUILLIN Group is the European chief in meals packaging options. Lhe GUILLIN Group today techs is the privileged interlocutor of its prospects every day, whether or not they function within the catering trades, the agri-food business, fruit and greens or collective catering. Current commercially in greater than 70 nations, the Group is consistently innovating to supply its prospects impeccable service and the widest vary in the marketplace with greater than 21 000 product references obtainable from inventory. The round economic system, eco-design and using suppliess first recycleds and recyclable of packaging positioned in the marketplace are a part of the Group’s historic issues and represent every day a precedence dedication to ses 2900 collaborators. encouraging the spirit ofcrewl’excellencerespect, openness to progress et the efficiency, GUILLIN Group, listed on Euronext Progress has realised in 2021 product sales web consolidated of 741M€.
For additional info : contact@groupeguillin.fr

GROUPE GUILLIN SA – ZI – Avenue du Maréchal de Lattre de Tassigny – 25290 Ornans – France
Tel : 03.81.40.23.23 – Fax : 03.81.62.15.92 – www.groupeguillin.comcontact@groupeguillin.fr
Capital: €11,487,825 – 349,846,303 RCS Besançon – APE 7010Z
Quoting EURONEXT GROWTH – code ISIN FR0012819381 – BLOOMBERG : GIL FP – REUTERS : GULN.LY

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