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Packaging - 2002






















Werit of Germany is planning to open a new £5m plastic containers factory on the Northbank Industrial Park in Salford early next year, with the creation of up to 75 jobs.

Associated British Foods has sold its Allied Glass Containers packaging business to a management team backed by Close Brothers Private Equity.

G-Plas has acquired additional premises and development land to extend its PVC films manufacturing operation in Crumlin, as part of a strategy to double in size over the next two years.

Thomas Potts has sold BP Cook, its Harlow-based screen-printing subsidiary, to a former managing director.

Babcock International has sold BMH Chronos Richardson, the Nottingham-based weighing and packing group with about 100 staff, to Premier Tech of Canada for a nominal sum.

Bousfield, the supplier of printing equipment, has been acquired by Openshaw of Todmorden, creating a combined group with about 500 staff.

William Clowes is considering plans to relocate its book printing business and 180 staff from Beccles to a new site in Lowestoft.

Montgomery Litho has bought Hunter & Foulis, the Haddington-based printing company, out of receivership, saving 40 of the 70 jobs.

Dataform has acquired Print Directive of Dudley for undisclosed terms, increasing its workforce to 115.

Magnet Harlequin, the Uxbridge-based printing company, has undergone a management buy-out.

Boston Matthews has acquired Munchy, the manufacturer of extrusion equipment, and production is being relocated from Wallingford to the Boston Matthews site in Worcester.

CB Print Finishers of Newcastle has been bought out of administration by a management buy-out, and will now be called Hay Binders.

MY Holdings has acquired Gallagher Printers of Waterford, in order to expand its healthcare cartons business in Ireland.

Taylor Ward Taylor, the Exeter-based manufacturer of gifts and home accessories, has acquired R&C Imports, the Manchester-based giftware import and distribution company.

Mundet UK, the converter of cigarette filter papers, has been acquired by Trierenberg of Austria, and its factory in Glossop is now planning to double capacity.

Bishops Printers is setting up a new £1.5m headquarters for its printing business in Portsmouth, and expects to create 15 new jobs next year.

Pims Holdings has acquired Jensen Press, the Yeovil-based litho printer, for undisclosed terms.

Buccleuch Printers of Hawick has acquired the former McQueen's printing business at Langlee in Galashiels for undisclosed terms.

Rexam is to acquire Nienburger Glas, the German glass container manufacturer with 1,270 staff, from Interbrew for £68m.

United Glass is to invest £23m in the modernisation of its bottle manufacturing plant in Alloa over the next three years.

Initial Packaging is to acquire Mopack Systems of Strabane and Holland & Pickering of Heywood, in a £7m deal that will create a new holding company called One Vizion.

Boxfoldia, the carton manufacturer, is to undergo a management buy-out and relocate to smaller premises in Redditch.

British Polythene has sold its automotive protective films packaging business to TVIP Corby.

Wyndeham Press has sold Riverside Packaging Printers, the Newbury-based packaging company with 50 staff, to Northern Packaging Distributors.

Avery Dennison has sold three labelling converting plants in High Wycombe, Germany and the Netherlands to a group of former managers operating under the name of Sentega.

Promotional Packaging is planning to create a further 50 jobs at its new contract packing site in Lincoln.

Hovat has acquired Wydata, the Tilbury-based barcode, stationery and digital printer, in a £5m deal.

Kimberly Clark is seeking planning permission for a £25m investment at its paper mill in Barrow, which will involve the installation of extra drying equipment.

SCA of Sweden has acquired two UK tissue manufacturers from Benedetti International for £9.4m - Birmingham-based Pendigo and Leeds-based KSS - and is now looking to consolidate its non-household operations at a new mill in Oakenholt, Flintshire.

Ormolu Group is planning to relocate its Trafford Press printing business in Manchester to a new site nearby over the next few months.

Exel is to acquire a number of supply chain management and packaging services operations in the US and UK from Power Packaging, including assets valued at £4.6m.

Molins is looking to spend up to £20m on acquisitions to expand its packaging machinery business.

Rexam is looking to spend up to £100m a year on acquisitions to expand its consumer packaging business, and is particularly interested in plastics and the European glass market.

SJP UK, the St Neots-based board and label company, has been bought out of administration by ScandStick of Sweden.

James Townsend & Sons, the Exeter-based label printer with 90 staff, has undergone a management buy-out backed by NMB-Heller.

Payne Strapping has merged with Samuel Strapping Systems to form MJ Maillis UK, a combined manufacturer of steel and plastic strapping with operations in Nottingham, Hinckley, Kilnhurst and Strood.

Jefferson Smurfit has acquired the Chelmsford-based stationery business of CA Coutts for £2.2m.

CLF Packaging, the Huntingdon-based corrugated cases firm with 35 staff, has undergone a £1m management buy-out, and has also acquired Essex-based competitor Box-Wise for £0.5m.

Hyway Printing has been bought out of administration by Montrose Press, with backing from venture capitalist Corval Investments.

Optecon, the printing and direct mail company, is to create about 140 jobs at its new 85,000 sq ft headquarters in Leicester.

Rexam has completed the sale of two Danish plastic containers businesses - Rexam Holmia and Rexam Closures & Containers - to Polimoon Holding of Denmark for £7.2m.

Low & Bonar has sold Spila, its loss-making Italian plastics subsidiary, to Albanova, for a nominal sum.

Wheatley Packaging, the flexible packaging printer with 140 staff, has been acquired by Frantschach Group, the Austrian printer.

Mastermailer, the developer of a new stationery system that eliminates the need for envelopes, is planning to create up to 40 jobs at its new £2m manufacturing and administrative headquarters in Caerphilly.

Rexam is to invest £40m in two new beverage can-making lines at sites in Naro Fominsk, Russia, and La Selva, Spain.

DS Smith is to acquire Zewathener, the German bag-in-box packaging group with 80 staff, by buying a 51% stake from SCA Packaging and the remaining 49% from the current management.

Macfarlane is to acquire Tom Brands Electrical Services, the Gourock-based provider of supply chain management services, for £2m.

Bunzl has acquired Kenco Sales of Seattle for undisclosed terms, in order to expand its plastic and paper products business in the US.

Bunzl has sold its paper distribution business to PaperLinX of Australia for £139m, and the proceeds will be used to reduce debt.

Jefferson Smurfit, the Irish packaging group, is to undergo a £2.4bn management buy-out backed by US private equity firm Madison Dearborn Partners.

Williams Lea has acquired Alistair McIntosh, the West Yorkshire-based print outsourcing company with 200 staff, for undisclosed terms.

Beshara Press of Tewkesbury and sister company CentrePoint of Nottingham are to be acquired by Midlands Publishing Holdings.

Avalon Printing Software of Leicester has been acquired by VantagePoint Systems of Canada for about £0.5m, and will become VantagePoint's retail packaging division.

Decorative Sleeves, the manufacturer of shrink sleeve labels, is to relocate its Wakefield factory and 54 jobs to Pioneer Park, as part of a multi-million pound investment programme that will also involve the expansion of its Norfolk site.

Willett International, the coding and labelling company, is planning to relocate its CIJ manufacturing operation from Corby to Asia over the next 12 months, while the research and development centre will move from Corby to Cambridge.

Keenpac Holdings of Leicester has undergone a management buy-out from Bridgepoint Capital, with Bank of Scotland Corporate Banking providing a £20m debt and equity package.

Servicetoken, the manufacturer of paint packaging products, is buying the Akzo Nobel paint factory in Haltwhistle, and plans to double its workforce from 30 to 60 and create a trading estate and interactive arts centre on the site.

Bunzl has acquired Lockhart, the Reading-based supplier of catering equipment with annual sales of about £60m, from Sodexho.

Waddies, the Livingston-based printer, has been acquired by Ormolu Group for undisclosed terms, and will be combined with Ormolu's Pillans & Wilson business in Edinburgh.

Clarity Group has acquired Gazebo Products, the London-based stationery supplier with 45 staff, for undisclosed terms.

Torday & Carlisle has sold Colin Stewart Minchem and Silgel Packaging to AMCOL International of the US for £9.5m.

DS Smith Packaging has set up a new sheet plant group to manage 14 corrugated packaging sites across the country, following last year's acquisition of a number of Danisco Pack plants.

CBX Couriers is setting up a new contract packing company in Derby called Octopus Collation Solutions, and requires 20 seasonal staff.

USC Europe is closing its can printing factory in west London with the loss of about 140 jobs, in order to relocate the work and 28 staff to its site in Merthyr Tydfil.

Print City is to relocate its printing business and up to 30 staff from Huddersfield to a larger 12,000 sq ft building at the Zenith Business Park in Barnsley in July.

Communisis is to acquire Centurion, the Rickmansworth-based print management services company with 135 staff, for £42m.

Temprint and Cornwall Lithographic Printers have merged their Redruth-based printing businesses into a newly formed holding company called Pryntya, with combined turnover of £4.8m.

Automatic Handling Europe has acquired SHS Handling Systems, the manufacturer of integrated corrugating and materials handling solutions, and will relocate its Northwich operation to the SHS factory at Ellesmere Port.

Thomas Potts is to acquire Fairway Logistics, the Slough-based print management company with 78 staff.

PHS Group has acquired Teacrate, the crate rental company with 106 staff at depots in London, Manchester, Bristol, Birmingham and Edinburgh, for £15m.

Rexam is to sell its Image Products coated films and papers business to Sun Capital of the US for £42m.

BP Chemicals is to sell its Performance Films packaging business, including plants in Barnsley and Poland with more than 400 staff, to Parkside Flexibles of West Yorkshire for undisclosed terms.

Clifford Thames Printing of Chelmsford has been bought out of receivership by a management team and is being renamed Montrose Press.

Bridge Direct, the Nottingham-based print management company with annual turnover of £9m, has been bought out of receivership by local rival PPL.

TeCmail has acquired Inchbrook, the printing company, for undisclosed terms, taking its annual turnover to more than £40m.

Irish Bonding Company is to invest £9m in a new bottling plant for Guinness and other Diageo drinks at Marshalls Road in Belfast.

Coppice Alupack, the Bridgend-based manufacturer of aluminium and board containers for the food industry with annual turnover of £18m, has undergone a management buy-out.

Lawson Mardon has announced plans to invest £5m at its packaging factory in Workington, including the installation of a new printing press.

United Glass is investing £1.2m in improvements at its glass recycling and processing plant in Kelliebank, Alloa.

International Greetings has acquired a 500,000 sq ft production and distribution centre in Hirwaun, South Wales, in order to expand its Scandinavian Design gift wrap business.

OCE, the printing company, is planning to build a new UK head office complex for about 400 staff at Langston Road in Loughton over the next 18 months, subject to agreement over the purchase of land from Epping Forest Council.

Hackman Printers has acquired Caerphilly-based South Western Printers to create a new group called HSW Printers, and the combined workforce is expected to rise from 85 to 100 over the next year.

Jubb is creating 50 new jobs at its plastic bottles factory in Leicestershire, due to the increased workload resulting from the recent acquisition of Barclay Stuart Plastics.

Rutland Trust has sold its interests in Coppice Group, the Bridgend-based manufacturer of aluminium foil containers, to a new company called MELH 888 for £4.6m.

Guiton Group, the publisher of newspapers in the Channel Islands, has sold its commercial printing business to J Howitt & Son for £1.1m.

Ardagh is to acquire the Italian glass packaging operations of Consumers Packaging of Canada for £1.8m, and has also announced the closure of its Ringsend, Dublin, glass container plant.

ControlP is to acquire the London operation of Colourflow out of receivership, in order to expand its Documedia Solutions printing business.

Decorative Sleeves is planning to expand its display packaging plant in King's Lynn by 20,000 sq ft this year, and the 200-strong workforce is likely to rise slightly over the next few years.

Polestar, the printing company, is to relocate its head office from central London to an 11,000 sq ft office in Milton Keynes in May.

Linpac has sold its Cwmbran-based welded products division, which manufactures aerosols used to store glues and solvent, to management for £0.5m, securing 20 jobs.

Low & Bonar is planning to expand its speciality materials business by spending up to £100m on a series of acquisitions this year.

Gresham Trust has sold John Hampden Press, the manufacturer of branded retailer packaging with 125 staff, to management for £2.6m, and the business is being renamed John Hampden Packaging.

Jubb has acquired Barclay Stuart Plastics, the Luton-based manufacturer of bottles and caps, and the two businesses will be combined onto its Leicester site.

The Welsh Development Agency has announced that 10 new jobs are being created by Industrial Plastic Recyclers of Knighton, Powys, in order to convert plastic products into pellets for manufacturers.

Viking Industrial Products, the supplier of adhesives, abrasives and packaging materials, has acquired Industrial & Safety Supplies of Leeds, creating a combined group with turnover of more than £3m.

A&J Scott is to create up to 100 jobs over the next two years at its new timber pallet manufacturing plant in North Shields.

Barony Universal has announced a £2m expansion at its aerosols supply business in Ayrshire, with the creation of 30 jobs.

Fulmar has acquired Quadracolor, the London-based printing company, for £2m, and has also announced plans to relocate its WE Baxter commercial printing business from Lewes to a vacant site at Mitcham in Surrey.

William Caple is to relocate its printing business from Leicester to sister company Southam FM in Warwickshire in February, which will involve the transfer of 40 jobs and the loss of a further 20 jobs.

Plastek is to invest £1m expanding production at its plastic crates factory in Clydach Vale, with the creation of 55 jobs over the next four years.

Jarvis Porter has sold its Leeds-based labels business to CCL Industries for £7m, and has also announced plans to rename itself Grovebirch.

Hovat, the Kent-based food packaging company, has undergone a £3m management buy-out, and the subsequent acquisition of Ascom Addressing of Dartford will create one of the country's leading label printers.

Betts is to create 50 jobs at its consumer packaging plant in Colchester, having decided to relocate its injection moulding business from Wrexham.

Shotton Paper is to invest £77m in a new fibre pulp facility at its Deeside-based paper recycling plant, which will secure 500 jobs.

Sealed Air is to close its protective packaging factory in Witham in January with the loss of 33 jobs, in order to relocate the business to a larger site in Kettering.

Anglo American is planning to expand its Mondi International box-making division through the £234m acquisition of French forest products group La Rochette.