GASCOGNE: management transactions · France · AMF

About GASCOGNE

Gascogne is a French industrial group operating in an integrated wood–paper–packaging value chain. Founded in 1925 in the heart of the Landes forest by local foresters seeking to secure outlets for maritime pine, the company has developed a vertically integrated model that spans forest resource management, paper production and the manufacture of industrial and consumer packaging solutions. Its long history, regional roots and focus on natural raw materials have made it a distinctive player in the French industrial landscape. Gascogne is listed in Paris on Euronext Growth. The group is structured around four complementary divisions: Gascogne Bois, Gascogne Papier, Gascogne Sacs and Gascogne Flexible. Gascogne Bois is described by the company as France’s leading multi-specialist wood operator. Gascogne Papier runs an integrated pulp-and-paper mill in Mimizan and presents itself as the world’s leading production site for frictioned natural kraft paper, with an announced annual capacity of 150,000 tonnes. Gascogne Sacs produces industrial and retail sacks, while Gascogne Flexible focuses on packaging and protection composites used across flexible, food and pharmaceutical packaging applications. Together, these businesses cover a broad range of downstream markets and provide the group with operational diversification. As of 2024, the company says it operates in 70 countries, employs around 1,500 people, runs 13 production units and 12 subsidiaries, and reports approximately €400 million in revenue on its website. This international footprint is built on a strong industrial base in southwestern France, especially around the Landes region and the Mimizan site, which remains central to the group’s production model. The integration between forestry supply, pulp making, paper conversion and packaging production is a key competitive feature, supporting both efficiency and traceability. A notable aspect of Gascogne is its long-standing environmental positioning. The company highlights a “zero wood waste” approach, the use of forest by-products to produce pulp and energy, and a biomass boiler installed in 2016 at Mimizan to reduce fossil fuel consumption and CO2 emissions. It also emphasizes the use of locally sourced, mainly PEFC-certified raw materials and the traceability of fibres from sustainably managed forests. This combination of industrial integration, regional sourcing and sustainability-oriented operations gives Gascogne a differentiated profile within the wood-based materials and packaging sector.