Bong acquires Dutch packaging wholesaler
Kristianstad 2006-10-13Bong signed an agreement yesterday to acquire 60 percent of the packaging wholesaler VOET International in Rotterdam, Holland. The deal will be financed by utilizing already existing credit facilities. Bong also has the option to buy an additional 20 percent of the company in 3 years and the remaining 20 percent in 5 years.VOET International is specialized in purchasing and distribution of a wide range of packaging solutions for catalogues and products bought via Internet or mail order. VOET International has a strong market position mainly in the Benelux region and