Coveris Group continues its strategic expansion and acquires UK based flexible packaging manufacturing and trading business Four 04 Packaging, based in Norwich.
Coveris identified Four04 Packaging Ltd through a permanent market screening process as an ideal partner for its strategic growth plans. The company has specialized in packaging for fresh food and produce as well as for bakery. It offers a product portfolio perfectly complementing the existing product ranges of Coveris in these market segments. Four04 Packaging Ltd will join the Coveris network enabling the group to further optimize its manufacturing capacities, broaden its product portfolio and expand its presence in the United Kingdom.
“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,” comments Jakob A. Mosser, CEO Coveris, on the deal.
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