PRZOOM - /newswire/ -
Norfolk, United Kingdom, 2016/11/03 - Smurfit Kappa UK, an integrated manufacturer of paper-based packaging products with operations throughout the UK, announces the acquisition of Saxon Packaging - SaxonPackaging.co.uk / SmurfitKappa.com. LSE (SKG); ISE (SKG)
Smurfit Kappa UK, an integrated manufacturer of paper-based packaging products with operations throughout the UK, announces the acquisition of Saxon Packaging.
Saxon Packaging (saxonpackaging.co.uk), based in Lowestoft, Norfolk is an independent converter of board into corrugated boxes and fitments. The company has invested over the past three years in latest technology machinery which allows the company to meet the needs of its broad customer base in Suffolk, East Anglia and the Home Counties.
Clive Bowers, CEO of Smurfit Kappa UK commented “I am delighted with this acquisition which will integrate another strong professional management team into the Smurfit Kappa organisation. The culture of this company is very much aligned with the Smurfit Kappa philosophy, having built excellent businesses in selected customer and product sectors which will add to our existing strengths. These acquisitions support our continued drive to ‘Open the future’ within the UK packaging market, further developing our customer offer, brand and reputation in a way that truly sets us apart.
Smurfit Kappa UK is a subsidiary of the Smurfit Kappa Group which is a world leader in paper-based packaging with operations in Europe and The Americas and is quoted on the London and Irish stock exchanges.
Smurfit Kappa (smurfitkappa.com) is one of the leading providers of paper-based packaging solutions in the world, with around 45,000 employees in approximately 370 production sites across 34 countries and with revenue of €8.1 billion in 2015.
We are located in 21 countries in Europe, and 13 in the Americas. We are the only large-scale pan-regional player in Latin America.
With our pro-active team we relentlessly use our extensive experience and expertise, supported by our scale, to open up opportunities for our customers.
We collaborate with forward thinking customers by sharing superior product knowledge, market understanding and insights in packaging trends to ensure business success in their markets.
We have an unrivalled portfolio of paper-packaging solutions, which is constantly updated with our market-leading innovations.
This is enhanced through the benefits of our integration, with optimal paper design, logistics, timeliness of service, and our packaging plants sourcing most of their raw materials from our own paper mills. Our products, which are 100% renewable and produced sustainably, improve the environmental footprint of our customers.