European packaging firm Coveris Group is continuing its strategic UK expansion with the acquisition of Norwich-based flexible packaging manufacturing and trading business, Four04 Packaging Ltd.
The Vienna-headquartered firm said it had identified Four04 Packaging through a permanent market screening process as an ideal partner for its strategic growth plans.
'Four04 Packaging Ltd will join the Coveris network enabling the group to further optimise its manufacturing capacities, broaden its product portfolio and expand its presence in the United Kingdom,' said Coveris CEO Jakob Mosser.
“With Four04, we found another excellent partner for our growth plans: a profitable business with a well-established and strong customer base and excellent packaging solutions, that will provide us with opportunities to further strengthen our offering in these segments.”
Four04 is a supplier of packaging materials to all types of industry, but with long and established roots within the food sector.
Coveris is a leading European packaging company that manufactures flexible packaging solutions for all types of products - from food to pet food, from medical devices to industrial and agricultural products.
Coveris operates 28 sites in the EMEA region with 4,100 employees.