Sharp Interpack buys Rexam business
            Sharp Interpack, the UK thermoformer, has aquired Rexam’s Bristol-based food plastic packaging division for an undisclosed sum.
Based at Yate, the Rexam business employs 150 people and is the leading supplier of both MAP trays to the poultry industry and punnets to the UK using rotary thermoforming technology.
The acquisition furthers Sharp Interpack’s aim of leading the rigid plastic packaging sector in the UK and Europe. In a statement, Sharp Interpack said that all 150 employees would keep their jobs and manufacturing will continue on existing product lines.
Declan O’Sullivan, managing director at Sharp Interpack, said: “This is a real strategic opportunity for us. This new division fits with our existing structure bringing a totally different but complimentary technology to our own.” O’Sullivan also said that the company intends to build on Rexam’s strong customer relationships and be the lowest cost producer within its market sectors.
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Source: PRW.com

