Pactics is a leading manufacturer of travel and lifestyle products for top brands worldwide, having its head offices in Breda, the Netherlands and production facilities in Cambodia and China. To support Pactics Group Holding B.V. in their growth ambitions, Invest International has signed a 3.0 million euros term loan agreement. The loan funded via Dutch Good Growth Fund (DGGF), will be used for the expansion of Pactic’s’ production facilities in Siem Reap, Cambodia. “Through the expansion plans, the number of employees in Siem Reap will increase to approximately 1000, from which 800 will be women.”
Established in 2004, Pactics is a manufacturer of travel and lifestyle products with a customer base worldwide, including leading international companies active in bags, travel & luggage and garment segments. The company possesses the SA8000 certification since 2014, one of the world’s leading social certification programs focusing on a fair and decent employment. The company is known for producing high-quality products in low medium volumes for the top brands in the world.
Founder and Chairman Piet Holten of Pactics: “Currently, Pactics employs around 500 employees worldwide. Through the expansion plans, the number of employees in Siem Reap will increase to approximately 1000, from which 800 will be women. Meaning a large positive contribution to SDG 8 and SDG 5. We are very pleased that we can work in this together with Invest International.”
Read more on what we doInvestment Manager of Invest International Sona Krijger-Dolbakyan: “The purpose, vision, and values of Pactics fit perfectly with Invest International’s impact priorities in creating decent jobs. Working towards equality, is a wonderful plus. Besides this, the company is also committed to being a socially and environmentally responsible manufacturer, as about 50 percent of the fabrics currently used in the production are from recycled sources. Financing comes through the Dutch Good Growth Fund, the fund Invest International manages on behalf of the Ministry of Foreign Affairs.”
Read more on the Manufacturing sector“We have introduced a waterless dyeing process, significantly reducing the water consumption. Also, the electricity used in the factory is generated by hydropower from the grid, complemented by a generator which works on biofuel and solar panels. All in all, this means a relevant contribution to SDGs 12 and 13”, adds Piet Holten.
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Sustainability taking forward in the Pactics-factory:
Sona Krijger-Dolbakyan
Investment Manager
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