The Koninklijke Paardekooper Group (KPG) has Applied for Suspension of Payments at the Courts in Rotterdam and Amsterdam. The Supplier of Packaging For, Among Other Things, Gifts, Flowers, Vegetables, And Fruit Can No Longer Meet Its Payment Obligations.
The Dutch Company Employs Approximately Seven Hundred People. “In this phase, The Administrators Will, in Consultation with the board, investigate the (future) possibilities,” accordance to a letter press release.
Shareholders and the Management of the Company Have Been Working on Solutions to Restore Paardekooper’s Financial Health in Recent Months, The Company Reports. “KPG was Very Far Along with a Possible Solution, but it ultimately proved impossible to realize.”
Paardekooper Supplies Packaging to Companies in Various Sectors And Is Active Worldwide in More Than 75 Countries. Customers Include Intratuin, De Bijenkorf, State of Art, Omoda, and De Koekfabriek.
Paardekooper also Sustainable Cups for the Nijmegen Four Days Marches. The Company also supplies Sustainable Glasses and Snack Trays for Festivals, Reusable Nylon Produce Bags for Supermarkets, and Various Shipping Packaging.
Family Business About A Hundred Years Old
The Family Business was founded in 1919. After One Hundred Years, in 2019, The Company was Allowed to Call itself ‘Royal’ (Royal).
Paardekooper Has Branches in Rotterdam, Breda, The Hague, Barendrecht, and Nieuwegein, Among Others. Accordance to a Sustainability Report from the Company, The Turnover In 2023, Almost was 408 Million euros.