Smurfit Kappa UK to Acquire CRP Print and Packaging
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Smurfit Kappa UK, a subsidiary of Smurfit Kappa Group plc, Ireland, and an integrated producer of paper-based packaging products with operations throughout the U.K., has agreed to acquire CRP Print and Packaging Holdings. CRP is a private company with operations in Corby, specializing in litho-laminated packaging, 3D point of sale, HD preprint, food contact, and heavy duty. The company currently employs some 220 people.Eddie Fellows, managing director of CRP, noted that "the company has enjoyed considerable success under private ownership for the past 20 years and has grown substantially in the past five years. The time is now right for us to strategically align our business to meet the future requirements of the market and Smurfit Kappa was the obvious choice with its extensive product offering and wide geographical spread."
Clive Bowers, CEO of Smurfit Kappa corrugated UK, said that "I am delighted with the acquisition of CRP Print and Packaging. They have built an excellent business across a number of product group areas which adds to our existing strengths, while offering new and exciting product opportunities to the market. This acquisition supports our continued drive to further develop the future of packaging with creative product and supply chain solutions. Eddie and I would like to take this opportunity to thank Peter Sangster, founder and chairman of CRP, who has been associated with the industry for 50 years, for his commitment, dedication, and market leadership. Everyone wishes him a healthy and well deserved retirement."