VPK Group to Acquire UK-based Corrugated Packaging Producer Encase Ltd
Encase is a family owned business that operates two integrated corrugated packaging plants in England and one sheet plant in Scotland.
Oct. 22, 2020 - VPK Group on Oct. 21 entered into an agreement with COPI Holding to buy Encase Ltd, a manufacturer and designer of corrugated cardboard packaging. Encase operates two integrated corrugated packaging plants in England and one sheet plant in Scotland.
Financial terms of the deal were not disclosed.
VPK said that its intention is to merge Encase with its UK corrugated operations, formerly known as Rigid.
VPK's corrugated operations in UK and Ireland, formerly known as Rigid Containers, was recently rebranded as VPK Packaging.
As part of its long-term strategy, it is now VPK's intention to fully merge Encase with the existing VPK UK corrugated operations. The combined businesses are expected to achieve yearly sales of more than 200 million GBP in corrugated packaging and sheets. All six corrugators, combined, consume 300,000 tons per year of containerboard.
Encase is a family owned business established in the UK during the 1960's and is now one of the UK's largest independent multisite manufacturers of corrugated packaging. Encase operates two integrated corrugated packaging plants in England and one sheet plant in Scotland.
VPK produces recycled paper, corrugated cardboard packaging, solid board packaging and cores. In addition to VPK Packaging, VPK Group's overall brand portfolio includes Corex for core board, cores and tubes production and Smart Packaging Solutions for the production of solid board packaging. For further information, visit: www.vpkgroup.com
SOURCE: VPK Group