Glossop Cartons buys Contact Print and Packaging
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CARTON manufacturer Glossop Cartons has bought Stockport-based Contact Print and Packaging for an undisclosed sum.
The deal will see Glossop Cartons move from its current site in Padfield to Contact Print and Packaging’s facility in Stockport by the end of 2015. All employees of Glossop Cartons will be relocating and remain with the company.
Established in 1992, Contact Print and Packaging employs 54 people at the Stockport site, which has three purpose-built production and warehouse units complete with an artwork studio, using the latest digital workflow technologies.
Glossop Cartons said the move will give it improved transport links much larger premises with a superior layout.
Jacky Sidebottom-Every, Glossop Cartons sales director, said: “Contact Print’s reputation as a leading specialist in packaging is unrivalled, and its new state-of-the-art production facilities are well recognised by its clients within the food, pharmaceutical, beverage and gifting sectors. The move will allow Glossop to significantly enhance our digital suite and ensure that we’re in a stronger position to offer unique products and unparalleled production capabilities.
“Contact Print and Packaging has BRC and Pharmaceutical accreditation along with ISO 9001 and Glossop Cartons has ISO 9001, 14001 and 18001. Together, we’ll have the required standards to produce packaging for all sectors with confidence and with the ethical standards to back up our manufacturing processes.”
The deal was backed by Lloyds Bank Commercial Banking, which provided a loan to support the purchase of Contact Print and Packaging’s premises. The bank’s Commercial Finance team also provided an asset finance facility to enable Glossop Cartons to purchase the printing machinery used at the site.
Legal advice was provided by Sonio Singh and Shiva Shadi of Davis Blank Furniss who advised Glossop Cartons, and Contact Print were instructed by Tony Harper and Robert Street of Brabners LLP.