From around 1970, encouraged by the rapid success of its milk cooling tanks, Packo began to extend its manufacturing range to other products and fields, although the basic material was and remains stainless steel. Cryogenic freezing equipment, storage and process vessels and many other components, equipment and turnkey installations for the food and pharmaceutical industries originate from these days.
This resulted in a gradual extension and modernisation of the production floor and a new office block in 1980.
Today 180 people are active in Packo in Zedelgem, the total floor space is 15000 m². Most recent investments are state-of-the-art laser operated cutting and welding machinery.
The company has been family owned until, in 1989, the Packo family, for personal reasons, decided to sell the company. An ideal opportunity for the management at that time, strongly believing in a prosperous future for Packo, to organise a MBO (Management Buy Out), together with Fullwood and the Belgian investment bank V.I.V. The Packo International group was born.
In 1994 the V.I.V. withdrew, followed by the managers later. Fullwood took over the shares and created FP Holdings. In 2000 Packo International was integrated in this holding which, today, is grouping all Packo and Fullwood companies. That same year both Belgian Packo companies (Zedelgem and Diksmuide) decided to operate under the same legal name, Packo Inox NV.
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