After entering into exclusive negotiation with UI Investissement on March 2nd 2021, Guillin Group, the European leader in food packaging solutions and related materials, has announced that it has acquired the Gault & Frémont Group.
The Gault & Frémont Group is the reference in France and Belgium for the design, manufacture and distribution of paper bags, cardboard boxes and baking paper, mainly for the food industry. With a revenue of 63 million euros [75 million USD] in 2020, the group has 270 employees and 4 production sites (3 in France and 1 in Belgium).
For Sophie Guillin, general director of the Guillin Group, “this strategic acquisition represents one more step towards expanding our supply and reinforcing our technological, industrial and commercial expertise. It is also a strong marker of our vision: each material has its own characteristics and our mission as experts is to offer our clients the best adapted packaging solution for each application. All Guillin Group packaging is environmentally friendly, eco-designed and meets the strictest hygiene and food safety criteria. The acquisition of the Gault & Frémont Group is fully in line with this strategy, and we are therefore very happy to welcome them within the Guillin Group. A new and exciting joint adventure begins for all the teams, which will allow the Gault & Frémont Group to further develop in a proactive manner with a long-term vision.”
“The entrepreneurial adventure experienced with the teams of Rémy Boitier since 2015 has helped us become a leader in France, recognized for our industrial know-how, ability to innovate, quality in logistics and our CSR commitment,” explains François Gressant, associate director at UI Investissement. “Thanks to the development of a unique offer and the acquisition of two new companies, the Gault & Frémont Group has become a champion in France and the UI teams are very pleased to allow the group to rely on the industrial expertise and notoriety of the Guillin Group to emerge on the European stage.”
According to Rémy Boitier, president of the Gault & Frémont Group, “this new move will allow Gault & Frémont to take another step forward. Together with the teams of UI Investissement, the group has structured itself to commit to responsible and efficient development, with investments in innovation and industrial tools, as well as several commitments in favor of recycling and the environment. By integrating an industrial family group like Guillin, Gault & Frémont is giving itself the means to better serve its clients but also to conquer new segments and achieve its ambitions on the European scale.”