

 
 
 
 PRESS RELEASE 
N° 53/2024 
        19 December 2024 
 
 
The Belgian Competition Authority approves the acquisition of Corfim by Indufin Investment Fund 
 
On 19 December 2024, the Belgian Competition Authority (“BCA”) approved the acquisition of Corfim NV (“Corfim”) 
by Indufin Investment Fund NV (“Indufin”).    
 
The  concentration  was  notified  on 16  December 2024  and  the  application  of  the  simplified  procedure  was 
requested. 
 
Indufin is a Belgian investment fund and invests in a wide range of sectors. The fund typically invests in companies 
with clear growth potential or ambition. Indufin seeks partnerships with Belgian companies, tailoring its approach 
to the specific situation. Indufin in turn is controlled by the Belgian family investment company De Eik. 
 
Corfim acts as a holding company for its subsidiaries Ace Packaging NV, Ace Packaging France SAS, Ace Emballages 
SA and Aluvin  NV, which  make  up ACE  Packaging  Groep. These  companies  specialize  in  the  production  and 
development of food packaging solutions, both in Belgium and abroad. Their innovative packaging techniques allow 
them to offer food packaging in a wide range of materials. 
 
In  its  decision  of 19  December 2024,  the  BCA found that  the  conditions  for  the  application  of  the  simplified 
procedure were met and that the notified concentration did not raise objections. 
 
For further information, please contact:  
 
Damien Gerard  
Prosecutor General 
Tel: +32 (2) 277 76 57  
E-mail: damien.gerard@bma-abc.be  
Website : www.abc-bma.be 
 
 
 
 
 
 
 
 
City Atrium  
Rue du Progrès 50 
1210 Bruxelles 
 
 
 
 
 
 
 
 
 
T  +32 2 277 52 72                        info@bma-abc.be 
                 http://www.belgiancompetition.be  
 
The Belgian Competition Authority (BCA) is an independent administrative authority that contributes to the definition 
and implementation of competition policy in Belgium. Concretely, the BCA pursues anti-competitive practices, such 
as cartels and abuses of a dominant position, and reviews the main merger operations. The BCA cooperates with the 
other competition authorities of the member states of the European Union and the European Commission within the 
European Competition Network (ECN) 

Belgian Authority Greenlights Indufin's Acquisition of Corfim

On December 19, 2024, the Belgian Competition Authority (BCA) announced its approval of the acquisition of Corfim NV by Indufin Investment Fund NV. The acquisition was notified on December 16, 2024, and the BCA applied a simplified procedure for the review.

 Indufin is a Belgian investment fund that invests across various sectors, focusing on companies with significant growth potential. It is controlled by the Belgian family investment company De Eik. Corfim, on the other hand, serves as a holding company for several subsidiaries, including Ace Packaging NV and Ace Packaging France SAS, which specialize in innovative food packaging solutions.

 The BCA concluded that the conditions for the simplified procedure were satisfied and determined that the acquisition did not raise any competition concerns. This decision reflects the BCA's role in monitoring and regulating mergers to ensure fair competition in the market.



Belgian Authority Greenlights Indufin's Acquisition of Corfim

The Belgian Competition Authority has approved Indufin Investment Fund's acquisition of Corfim, a holding company specializing in food packaging solutions.