Van De Velde Packaging makes restart with €130M Kartesia backing

What's the deal? Belgian carton group Van De Velde Packaging is strengthening its balance sheet with a €130 million operation.

The funding comes from Luxembourg-based credit provider KartesiaDealroom has a profile for this one. Try Dealroom →, which becomes the new shareholder in the East Flanders company.

Why now? The injection backs a restart for Van De Velde Packaging, giving it the capital to stabilise and rebuild after a difficult stretch.

Kartesia's growth equity backing arrives as the group looks to shore up its finances and set a clearer path forward.

The signal: Kartesia, an investment fund specialising in private credit, is stepping in where traditional banks and venture funds hesitate, offering capital to industrial players in transition. For Europe's packaging sector, the deal shows there is still appetite to fund restructurings — and to bet on the long-term value of carton manufacturing.