Walki Group today announces that it has acquired 100 % of the shares in Rollpack SAS, a French producer of biobased packaging solutions. Rollpack specializes in the production of industrial packaging products based on recycled and renewable materials. Rollpack operates two manufacturing sites in the North East of France. Rollpack has an annual production capacity of 65 000 tons and employs 70 people.

“With this acquisition we are expanding our geographical footprint and strengthening our offering in a continuous effort to better serve our customers, says Leif Frilund, President and CEO of Walki Group. “I would like to warmly welcome the employees of Rollpack to become part of our multinational organization. We are also happy that Jean Goulet, the present Managing Director together with his management team will continue to lead the company and its equivalent commercial sector within Walki.

“GEI is proud to have partnered with Rollpack over the years, supporting their continued growth and recent investments. We feel that Walki is the right partner to continue this effort and wish them a lot of success in the coming years”. says Serge Pfeiffer, President of GEI.

The parties have agreed not to disclose the purchase price or the terms of the transaction.