The Rhone-Alpine company Défi Imprimerie, which specialises in printing and converting packaging, was bought by Cartonnerie Moderne, in Vaucluse (84). After 15 years at the head of the company, Jérôme Timstit has sold his shares to his counterpart, reports in a press release the firm In Extenso finance & transmission which led the operation.
Cartonnerie Moderne, which has been in existence since 1904, specialises in the manufacture of personalised cardboard packaging for the catering trade. With this acquisition, the company will be able to offer its customers a wider range of services by pooling the marketing and industrial resources of both companies.
"?Cette acquisition enables us to develop our integrated production capacities and strengthen our commercial strike force. These are all assets that serve our strategy of excellence and innovation and enable us to increase our share of marché?", explains Vincent Ray, manager of Cartonnerie Moderne.
Founded in 1987, Défi Imprimerie has some 15 employees and a turnover of 2.5 million euros. The company targets in particular the industrial, retail and food markets with solutions for printing flat cardboard, corrugated cardboard and PVC.
For its director Jérôme, this sale represents an opportunity:
«? From every angle, this rapprochement holds promise. It allows Défi Imprimerie to look to the future with serenity by integrating a strong, organized unit, now equipped with a powerful production and sales tool to develop.? »
