Northern Packaging bought by CorpAcq
Skelmersdale-based Hot 100 company Northern Packaging has been purchased by Altrincham's CorpAcq.It is the investment group's 11th acquisition, its first in the packaging sector.
Family-owned Northern Packaging operates from two sites in Skelmersdale, where it employs 80 and sales exceeded £11m.The business manufactures environmentally-friendly corrugated packaging for customers in a range of sectors, including food and drink, retail and healthcare.
Current managing director Phil Bunting will maintain his role. The management team also includes finance director Joy McEvoy and commercial director Ben Dack.CorpAcq chairman Simon Orange said: “This transaction is another example of our strategy of acquiring profitable businesses with a track record of success and a strong management team. Northern Packaging specialises in quality products and exceptional customer service, and is committed to developing those attributes through continual investment in plant and technology." Phil Bunting said: “CorpAcq seems the perfect fit for Northern Packaging, with its shared values and commitment to business growth. We’re in no doubt that CorpAcq will allow us to drive Northern Packaging forward while maintaining our commitment to quality customer service and safeguarding the future of our valued workforce.”