Gpack Group plans to acquire Alliora Coffrets

The Gpack Group announces the signature of an exclusive negotiation agreement with Oaktree. The proposed transaction is the sale of Alliora Coffrets.
This acquisition is in line with the Gpack Group's development strategy, which aims to expand its packaging activities for the luxury goods market, particularly in France.
Discussions led to this exclusive agreement.
This transaction is subject to consultation with employee representative bodies in France, as well as the usual closing conditions and regulatory reviews.
With this acquisition, Gpack would double its box business and become a leader in this sector in Europe.
Gpack, formerly known as Cartotecnica Goldprint, specializes in the production of luxury packaging for the cosmetics and perfumery sector. Gpack has also recently established itself in other markets, such as food packaging, pharmaceutical packaging and displays. With total sales of around 70 million euros, including 50 % in the luxury market, Gpack operates 7 plants in Europe, and employs around 400 people.