Leicestershire firm wraps up deal to buy packaging manufacturer

Coalville-based Logson Group has acquired packaging manufacturer, Challenge Packaging.

Established in 1987, Challenge Packaging is a manufacturer of corrugated packaging and offers a full range of packaging materials through its website.

Logson Group is a group of packaging companies which employs over 1,300 people and has a turnover of £400m annually.

Richard Swain, a partner in Clarke Willmott’s corporate team, led the deal along with corporate solicitor Hollie Blackwood Fisher and Kristian Johnson, a senior associate in the commercial property team.

Simon Allen, chairman of Challenge Packaging, said:  “Having owned Challenge and worked with many of the existing staff for over 20 years, our legal partners needed to structure a deal that ensured continuity for our workforce whilst assisting in fulfilling the best deal for the shareholders. 

 “Richard and his team successfully delivered our objectives by ensuring their advice was comprehensive, accurate but most importantly communicated simply and understandably. It was a pleasure working with them.”