2019

VPK Packaging Group completed the transaction to join VPK’s core division Corex and Corenso’s European and Chinese businesses

In May 2019, VPK Packaging Group completed the transaction to join VPK’s core division Corex and Corenso’s European and Chinese businesses, expanding its presence into Finland, Spain and China. The combination of two strong portfolios of trusted brands and innovative solutions will offer customers an answer to the global demand for cardboard cores and tubes.

Full press release
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2018

Corex Poland expanding

Due to the continious growth of our location in Swiecie an expansion of the current plant was necessary. It will allow Corex Poland to support their existing and new partners even more. On top of the expansion of the plant additional investments in new machinery were also made.

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Acquisition of Tupak Packaging by Corex

Tupak Production BV, manufacturer of luxury paperboard cores and composite cans has been taken over by Corex, the cores and edge protection division of the VPK Packaging group. By doing so, Corex will enter the fast growing consumer packaging and composite cans market. The activities of Tupak Packaging, the distribution division, will continue to exist independently.

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Corenso UK relocates to a completely refurbished building in Hindley Green

Corenso acquires Mandriladora Leiza in Spain, a manufacturer specialised in lightweight cores.

Further investment in Germany by Corenso. A new in-line multi-knife cutter is installed.

New production line installed in the Corenso Foshan plant in China, to manufacture parallel wrapped seamless cores for the flexible packaging industry.

2017

Corex Turkey moves to a new location

Corex Turkey, located in Bursa (Turkey), has started production in February 2013 in a location of 4.300 m². Today, 4 years later, we can serve a wide range of cardboard tubes with internal diameter from 35 mm up to 750 mm to the market on our existing machinery. In order to allow further growth of our business, it was decided to move to a new building within the same industrial park. In April 2017, we have started to produce our high quality cores / tubes on the new location having a shopfloor of 6.500m². Our local team is confident to further expand the business in the next few years based on the corporate Corex values of working closely together with our customers by offering tailor-made solutions and creating long term value.

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Corenso Poland moves to a brand new and bigger site in Sosnowiec

Corenso Germany completes major investment program, a new state-of-the-art drying and testing equipment in installed to allow simulation of a broad range on environmental conditions

Corenso acquires a core plant in Richmond, Virginia (USA)

A new Corenso core plant is established in Suzhou, in Jiangsu province of China. The new facility produces the highest quality seamless and textile cores

2016

Madison Dearborn Partners – a Chicago-based private equity investment firm – acquires Powerflute and Corenso.

2015

Corex US LLC starts up as greenfield in Unites States of America

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Corenso completes significant improvement programs in the US and in Germany, and multiple other targeted investments in various mills and plants.

2014

Corex Nederland has commissioned its building extension enabling better services to its customers.

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Powerflute – a fast-growing paper and packaging company – acquires Corenso.

2013

Corex Turkey Ambalay Sanayi Ve Ticaret Anonim Serketi was founded with a location in Bursa.

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Corenso upgrades and relocates its Imatra core plant, now situated within Stora Enso´s mill area.

The Finnish Corenso core plant, in Loviisa, goes through efficiency improvements.

2012

Corenso´s Finnish board mill increases its usage of recycled fibre in its operation from 90 to 100%.

2011

Corenso improves its capabilities in the UK and German core plants.

2009

Corex closes its production facility in Denmark.

2008

Corex starts up a greenfield in Germany and Romania.

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Corenso executes another greenfield project to enter the Polish market.

The Corenso Wisconsin plant is being rebuilt.

2007

Corenso expands its Chinese operations by establishing a core plant in Foshan (greenfield project).

2006

In September the 10 core companies in the VPK Packaging Group came together under one label. All the companies now bear the name Corex. VPK Packaging Group sells its 50% interest in Fionia and sets up Corex Denmark.

In February four companies were taken over from the French Abzac group, namely the tube companies in Luxembourg, Poland, the Czech Republic and Norway. This acquisition further confirms VPK Packaging Group’s leading position in Northern, Western, Central and Southern Europe.

2004

Corenso acquires Mertens, a core producer in Germany.

2003

VPK Packaging Group cores division expands by taking over Deva Cores in the UK.

2002

Corenso acquires the Bäckefors and Mohed core plants in Sweden.

2001

VPK Packaging Group takes over Davrain in France.

VPK Packaging Group acquires the remaining 50% of the shares in Depauw nv.   

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Corenso enters the Chinese market via a 51% ownership in Hangzhou (Shanghai area).

Corenso acquires four core plants in the UK.

2000

VPK Packaging Group takes over the cores company Cartonnage Industrie Holland Almelo of Wierden (NL).

Corenso enters the North American market by acquiring a board mill and a core plant in Wisconsin Rapids.

Corenso acquires a core plant in Edam, the Netherlands

Corenso established a minority ownership in the core plants in Spain and Canada.

1999

VPK Packaging Group acquires 100% of the shares in Alltube.

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Core converters are acquired in the Corenso plants in Krefeld, Germany and Tolosana, Spain

1997

Corenso achieves full ownership of the UK plant.

1992

Corenso United is established with locations in Finland: Loviisa, Imatra, Varkaus, Pori, France: Soustre and Castelnau, and a jointly owned plant in the UK: Milton Keynes.

1973

VPK Packaging acquires a 50% interest in Depauw nv.

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