TITUS Verpackungen GmbH

TITUS Verpackungen GmbH is a corporate holding focused on maintaining shareholdings in packaging companies and includes the fully consolidated entities Pappenverarbeitungs‑Gesellschaft m.b.H. (Diemelstadt), Kosbahn Karton GmbH (Warburg), Prima Logistik GmbH (Warburg) and, since 31 December 2023, Kartonagen Radowitz GmbH (Hamburg). The group manufactures and sells paper- and cardboard-based products, primarily corrugated sheet goods and cartons, and provides logistics and other services; consolidated revenue amounted to EUR 68,310,772.83 for fiscal year 2023. On average 327 employees (excluding trainees) were employed in the group, and the report states the subsidiaries continue to perform above the industry average. During the year the group invested TEUR 3,924.6 in fixed assets; in September 2023 TITUS acquired a controlling stake in Kartonagen Radowitz GmbH, which employs 14 people and—through a purchased customer portfolio—can increase revenue by about EUR 400,000 according to the report.