Investment group Sun European has restructured the business to form a pan-European flexible packaging specialist known as Britton Group and a pan-European rigid packaging company called PACCOR.
The move will allow knowledge sharing across the companies and extend the geographic reach of each entity, states Sun Suropean.
Britton Group will be comprised of Britton Group, a provider of extrusion, printing, lamination, and conversion services based in the UK; Reuther Verpackung, a German and Polish-based provider of printing, laminating and converting bags aimed at for the pet food, confectionery, and coffee/tea industries; and the flexible packaging division of Veriplast Solutions, the French-based provider of flexible packaging. The integrated pan-European Britton Group will be based in the UK and have a total annual turnover of some €311 million.
PACCOR will merge PACCOR, the German-based European rigid plastics consumer goods division formerly owned by Huhtamaki, and the rigid packaging division of Veriplast, a supplier to the food, beverage, health, home and personal care sectors.
Combined they will have an annual turnover of around €370 million. Based in Germany, there are operations in Poland, France, UK, Spain, Bulgaria, Turkey, the Netherlands, Finland and Lithuania.
