Monday, November 24, 2008

News: Swedish supplier buys stake in SP Containers


Packaging News reports that the Swedish folding carton supplier, A&R Carton, has acquired a 33% stake in Rotherham-based Speciality Packaging Containers. The investment, which has the option to increase to a 100% stake, supports A&R Carton's strategy to increase its offering of board-based packaging. The Eastwood Trading Estate company manufactures containers for clients in the ice cream, dairy, confectionery and pet food sectors, and produce secondary packaging for a diverse range of products. Chief executive of A&R Carton, Per Lundeen told Packaging News: "This type of container is requested by many of our large key customers and SP Container's container know-how, coupled with our wide market penetration, promises a rapid expansion and a great future." SP containers supplies the major UK retailers and food producers along with very strong export business into European, Scandinavian and Baltic markets.
SP Containers website
Packaging News article


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