©FFP Packaging Solutions
Packaging company Constantia Flexibles has signed an agreement to acquire FFP Packaging Solutions for an undisclosed sum.
Founded in 1967, FFP Packaging Solutions provides sustainable flexible packaging for food brands and UK retailers. The Northampton-based company has over 100 employees.
With the deal, Constantia Flexibles acquires its first consumer packaging plant in the UK.
Pim Vervaat, CEO 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. Sustainable packaging solutions are no longer a trend. They are a must-have. FFP Packaging Solutions figures already show it. And together, we are committed to a circular economy, driving the transformation with more sustainable packaging.”
Meanwhile, FFP’s managing director and CEO, David Cooper, will remain with the business “to ensure a successful integration and continue to build on FFP’s success long into the future,” added Robin Chudley, chairman of FFP.
© FoodBev Media Ltd 2022
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