MOSCOW (MRC) -- Constantia Flexibles has acquired FFP Packaging Solutions in a bid to expand its market position and build stronger relationships in the UK food sector, said Packagingnews.
The deal for an undisclosed sum, is the first consumer plant for Constantia in the UK. FFP operates in flexible packaging and offers flow wraps, lidding films and pre-made pouches. The Northampton-based firm has a workforce of over 100.
Pim Vervaat, chief executive of Constantia Flexibles, said: “The acquisition aligns well with our Vision 2025 growth strategy of investing in competitive businesses with potential for future growth. FFP Packaging Solutions joining the Constantia Flexibles Group will expand our overall market position. Its significant experience and credibility allow for strong relationships across the UK food industry. We will be working with the existing management team to continue driving the revolution of sustainable flexible packaging in the UK and beyond. FFP chief executive and managing director David Cooper will remain with the company along with the management team.
Robin Chudley, chairman of FFP Packaging Solutions, added: “I am extremely proud of FFP’s position in the UK flexible packaging market and the respect that FFP has developed across the industry. This legacy is something that was started by my father back in 1962 and has been continuously built upon through my own leadership of the business and more recently since the appointment of the management team in place today.
"The sale of FFP to Constantia Flexibles is another important step on the firm’s journey and I am delighted that David and his team will remain with the business to ensure a successful integration and continue to build on FFP’s success long into the future."
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