Coveris Group has acquired Four04 Packaging, a flexible packaging manufacturing and trading business based in Norwich, UK.
Four04 Packaging specialises in packaging for fresh food and produce, as well as for bakery products, and the company’s portfolio is said to complement Coveris’s offerings in these categories.
With the acquisition, Coveris aims to boost its manufacturing capabilities, broaden its product portfolio and expand its presence in the UK.
“With Four04, we found another excellent partner for our growth plans: a profitable business with a well-established and strong customer base and excellent packaging solutions, that will provide us with opportunities to further strengthen our offering in these segments,” said Jakob Mosser, CEO of Coveris.
The financial terms of the transaction have not been disclosed.
© FoodBev Media Ltd 2020
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry.
Don’t miss out on having your innovations recognised on a global scale.
Early bird deadline 11 June – enter now!