Founded in 2002 and located in Yonne, FP Pack is specialized in the processing of flat cardboard and in particular in the manufacture of compact cardboard cases and packaging mainly for the food industry. The company has a daily production of 2.5 million packages per day, and generated sales revenue of nearly €14 million in 2019.
Stéphane François, CEO of FP Pack and backed by Alliance Entreprendre, wanted to confirm the strategic positioning of the company with a view to consolidating the market and diversifying its offer. This led to the acquisition of the assets and activity of TPG Packaging based in Loire Atlantique. TPG Packaging is specialized in printing and processing high-end compact cardboard packaging for the food industry, champagnes and spirits, perfumery and cosmetics. The company achieved sales revenue of €14 million in 2019.
This transaction enables the newly formed group to extend its geographical coverage to the western part of France and to strengthen its service offering to its commercial partners.
Trianon CF’s intervention focused on the completion of a detailed screening of the target companies, the organization of more than a dozen meetings with shareholders and managers of companies in the industry, the support of the CEO and the shareholders of FP PACK in assessing and negotiating projects.
« We have been working with Trianon CF on an external growth strategy for almost two years. Trianon CF launched several prospecting campaigns which led to more than ten meetings of colleagues in the field of food packaging. The integration of TPG's activities marks the culmination of this successful collaboration. TPG allows FP Pack to confirm its place as a key player in its specialty with now national geographic coverage. » Stéphane François, CEO of FP Pack.