1st December
Southgate Packaging acquires Tenza
- Southgate Packaging are suppliers of a comprehensive range of quality and innovative packaging equipment and consumables to the packaging distributor trade.
- Tenzalopes is an established market leading brand of Documents Enclosed Envelopes.
- This is Southgate's third acquisition in the past 24 months, following Jaeger Packaging UK in September 2012 and Acculyte in June 2013.
The Southgate Packaging group has acquired ownership of the Tenzalopes packing list envelopes trade mark. This market-leading brand perfectly complements Southgate's current portfolio, and will be extended to cover a wider range of related packaging products.
It is also the latest of several key acquisitions made by Southgate. In 2012 they bought the UK operation of strapping company Jaeger Packaging, to be followed in 2013 by the purchase of Acculyte, whose Stickfast hotmelt glues and glue applicator brand has now been successfully incorporated within the Xtegra brand of security packaging products.
Commercial Director Charles McIntyre comments that this coincides with the imminent completion of another strategic acquisition that will support the group's vision to be "the principal and first-choice provider of packaging solutions to distributors, known and trusted for exemplary service and high quality, innovative products that provide exceptional value."
For more information on Southgate Packaging acquisition of Acculyte Industrial please contact
Charles McIntyre or Clive Turner on 01553 69 29 69