Packaging 1999 - Company News Summary

MediaKey is to sell its training division to a management team for up to £7m, in order to focus on book packaging and publishing and to develop TV and internet operations.
24-Dec-1999

MFI has sold its Hygena Packaging subsidiary to La Rochette of France for £37m.
16-Dec-1999

Boxmore, the Northern Ireland-based packaging company, has accepted a £191m takeover offer from Chesapeake of the US.
16-Dec-1999

UCB Films is to invest £30m at its Wigton factory in Cumbria in order to increase production of label and overwrap films, and 60 jobs will be created.
13-Dec-1999

Waddington, the packaging and printing group, has received a £318m agreed bid from John Mansfield, and a takeover battle could now develop.
08-Dec-1999

Macfarlane is selling its Daniel Montgomery spirit bottle closures operation to Alucapvit Spa of Italy for £2m.
03-Dec-1999

Goodfellow & Egan, the Cambridge-based typesetting company with 50 staff, has been bought by London-based reprographics firm Potts.
02-Dec-1999

Applied Holographics, the supplier of holographic products to the packaging industry, is acquiring Optical Security of the US for £40m.
01-Dec-1999

SCA Packaging is planning to expand its factory in Peterlee with the creation of more than 50 jobs.
25-Nov-1999

MY Holdings, the packaging company, has accepted a takeover offer from Malbak of South Africa that values the company at £164m.
25-Nov-1999

Welsh Development Agency has announced that Soten of Italy is to set up a £2.6m factory at Merthyr Tydfil to manufacture shrink-film packaging, with the creation of 47 jobs.
19-Nov-1999

Jarvis Porter has agreed to sell its electronic labelling division to a management team backed by NatWest Equity Partners for £65m.
13-Nov-1999

Rykneld Tean, the Derby-based manufacturer of packing tapes, has undergone a management buy-out from parent company Autoliv of Sweden.
13-Nov-1999

Massilly of France has begun production at a refurbished jar-top factory at Williamstown in the Rhondda, where it will employ up to 80 workers by next spring.
10-Nov-1999

Rexam has sold its Bowater Windows business to a management buy-out led by Legal & General Ventures for £120m, in order to focus on consumer packaging.
15-Oct-1999

The Industrial Development Board is to support a £2m plan by UPU Industries to expand its agricultural packaging factory in Dromore, Northern Ireland, with the creation of 17 jobs.
14-Oct-1999

Bunzl has acquired Brierley-Almond, the Manchester-based distributor of disposable products, for a sum thought to be about £20m.
28-Sep-1999

RPC has bought Cresstale, the supplier of lipstick containers, out of receivership for £8m, securing 420 jobs at the Teesside plant.
22-Sep-1999

Sentinel, the US manufacturer of packaging foam, is to set up a European headquarters in Plymouth with the creation of 200 jobs over the next four years.
21-Sep-1999

Cleveland Papers and Euro Wallcoverings of Peterlee have undergone a £1.1m management buy-out, securing the future of about 50 jobs at the two plants.
15-Sep-1999

Macfarlane is acquiring Western Foam Packaging Products of the US for £5m, and has also announced the reorganisation of its 15 businesses into four divisions.
08-Sep-1999

Reed Print & Design has acquired carton producer Kelly Packaging of Gateshead, and the company hopes to create up to 250 jobs by expanding its business in domestic and international markets.
01-Sep-1999

AM Paper, the Lancashire-based tissue company, is to be acquired by SCA of Sweden for £192m.
01-Sep-1999

De La Rue is to sell its smart cards business to Francois-Charles Oberthur of France for £200m.
01-Sep-1999

Liberfabrica, the Bath-based book manufacturer, has been acquired by Chevrillon Philippe Industrie of France for £36m, putting an end to plans for a management buy-out.
21-Aug-1999

Laird has sold its US packaging business to Gulf States Paper for £44m, as part of a strategy to focus on car seals and computer components.
20-Aug-1999

Barlo is selling its Stanley Smith PVC film business to Klockner Pentaplast of Germany for £4.5m.
31-Jul-1999

Reed Print & Design is to open a new factory at North Tyne Industrial Estate in Benton to provide a packaging service for the pharmaceutical and food industries, and about 100 jobs will be created.
20-Jul-1999

Adare Printing is acquiring Kall Kwik, the franchised printing company, for £10m.
15-Jul-1999

Ferguson International has sold its Hindson print services division to Elanders Graphics for £6.8m and the BPC graphic design division to Brian Reed for £1.8m.
14-Jul-1999

Ferguson International, the labels company, is to sell its Morplan distribution business to Alphare of France for £12m, and is also negotiating the sale of its remaining businesses.
08-Jul-1999

RPC has acquired the plastic sheet business of Montonate of Italy for £9m, as part of a strategy to become a pan-European supplier of polystyrene and polyester sheets.
16-Jun-1999

Salehurst, the specialist paper supplier, has announced a £22m management buy-out.
27-May-1999

Ferguson International is to sell its US-based printing subsidiary DMI to Porter Chadburn for £8.1m.
21-May-1999

BWI, the packaging equipment company, has accepted a £48m takeover offer from IWKA of Germany.
11-May-1999

CPG Logistics has applied for planning permission to expand its packaging plant at Fareham Reach in Gosport, creating up to 150 jobs.
05-May-1999

Rexam is to sell its flexible packaging operation in New Zealand to Royal Packaging Industries Van Leer for £8.6m.
23-Apr-1999

Scapa is selling its paper machine business to Voith of Germany for £329m, in order to focus on its technical tapes operation.
14-Apr-1999

British Polythene Industries is acquiring Nottingham Rope & Twine for £0.7m.
14-Apr-1999

Delta Print & Packaging is to create an extra 20 jobs in Belfast, having won an order to supply cartons to McDonald's outlets throughout Ireland and the UK.
13-Apr-1999

SP Group, the Birmingham-based specialist printing group, has been sold to a management team for £18m.
09-Apr-1999

Tectonic, the Merthyr-based manufacturer of computerised camera systems to monitor printing presses, has been sold to a management team for undisclosed terms.
01-Apr-1999

Porter Chadburn, the printing company, has received a £47m takeover bid from Mail-Well of the US.
17-Mar-1999

Ardagh of Ireland is to acquire Rockware from Owens-Illinois of the US for £240m, and estimates that it will then have 31% of the UK glass containers market and 79% of the Irish market.
16-Mar-1999

Low & Bonar has acquired two rotational moulding companies in the US - PDM Molding of Colorado and PDM Molding NW of Washington - for an initial £10m.
12-Mar-1999

Rexam has sold its Australian envelopes and stationery operations for £21m.
11-Mar-1999

MY Holdings has sold its Corrugated Packaging division to Corpack Industries for £10m, and the proceeds will be invested in the expansion of core activities.
04-Mar-1999

Macfarlane Group has acquired Orion Flexo, the Malvern-based packaging company, for £1.6m, as part of a strategy to provide a complete range of products in the industrial film sector.
19-Feb-1999

Sidlaw, the packaging company, has agreed a £106m takeover bid from Copenhagen-based Danisco.
19-Feb-1999

Field Group is set to be acquired by Chesapeake of the US for £218m, following the withdrawal of Shorewood Packaging from the bidding.
18-Feb-1999

Danisco Pack has acquired March Packaging Group, the corrugated sheet manufacturer with sites in Hastings, Andover, Redditch and Northfleet, for undisclosed terms.
11-Feb-1999

SCA has acquired Danapak Papemballage, the Danish corrugated board producer, for £50m.
11-Feb-1999

Rexam is acquiring Sussex Plastics, the US cosmetics packaging company, for £19m, and is now seeking similar purchases.
11-Feb-1999

Ferguson International is selling its food, beverage and personal care labelling divisions to SE Labels of Norway for £13m.
11-Feb-1999

Mopack Systems is investing £1.2m in the expansion of its flexible plastic packaging factory in Strabane, with the creation of 10 new jobs.
28-Jan-1999

Field Group is to be acquired by Chesapeake of the US for £194m, and Chesapeake will use Field as a base from which to expand into Europe and become a global supplier.
21-Jan-1999

Readicut International is acquiring Chamberlain Coatings, the wallcoverings business, £13m.
15-Jan-1999

Dudley Jenkins, the producer of envelopes and database mailing lists, is to be acquired by Wegener Arcade of the Netherlands for £81m.
14-Jan-1999

CartoInvest of Italy is to set up an £18m tissue paper factory at the Oakenholt paper mill in north Wales, creating 140 jobs.
12-Jan-1999

Great Western Packaging is opening a new distribution facility in Newbury, creating up to 20 jobs.
01-Jan-1999