Sector Wholesale & distribution
Headquarters Veenendaal, the Netherlands
Type of investment Concept investing
Year of investment 2025
.

P&D Group is a multi-niche specialist in the distribution and conversion of packaging materials and disposables. The group provides a broad range of customer-specific packaging solutions, enabling customers to source their packaging needs from a single partner. P&D serves a diversified customer base across e-commerce, logistics, food, retail, and industrial end-markets. Since 2018, P&D Group has grown through acquisitions, building scale and specialist capabilities in a fragmented sector, supported by strong operational know-how and long-standing customer relationships.

pend

Our investment

In April 2025, H2 invested alongside the management team to support P&D Group’s next phase of growth. The partnership builds on a strong market position and proven buy-and-build track record. Since the investment, P&D has completed multiple acquisitions, while continuously strengthening the platform, improving efficiency, and selectively expanding the portfolio.

P&D Group pursues targeted acquisitions of packaging specialists in attractive niches, with defensible customer relationships and clear integration potential. With an active pipeline and a repeatable playbook, the group has clear momentum to keep compounding through consolidation and organic growth.

Looking to grow or transform your business?