Food packaging firm wraps up deal for global oven bags and film business
Food packaging specialist Sirane, based in Telford, has acquired the oven bags and film business of Terinex, a deal it says further strengthens its position as a leading global supplier of oven packaging.
Bedford-based Terinex is a well-known name in the packaging industry, supplying a range of polyester products into the retail, food service and airline industry.
Simon Balderson, Sirane MD, said: “Terinex effectively invented the oven bag in 1975 and they have been the leading global manufacturer ever since. Their core business is dual-ovenable polyester bags sold in bulk packs for food processors and food service applications as well as retail packs sold through the major retailers.
“Terinex pioneered the development of tightly-folded bags which created the market for combined packs of sauces and cook-in bags. They also supply ovenable films for flow-wrap and a range of specialised products into airline and other markets.
“This is a very exciting development for Sirane. It will complement our popular Sira-Cook product portfolio and confirm our position as the leading global supplier of ovenable packaging. It will extend our product range and market scope as well as add many new opportunities for product development.
“The Terinex products are popular in every country around the world and we shall offer them to all our global sales teams as well as extend production of these products into our international manufacturing operations.”
The Look brand of retail packs has also been acquired by Sirane.
The Terinex manufacturing operation will be moved to its new factory in the Amethyst building in Telford. Several Terinex employees are now joining Sirane.
The Amethyst building was opened as part of an expansion earlier this year which saw the company add 32,000 sq ft of additional manufacturing space in a unit close to its main site.
Terinex oven bags and film business is Sirane’s second acquisition of 2020, having acquired Gloucestershire-based board converter Olympic in February.
Sirane has additional manufacturing in Guadalajara (Mexico) and Moscow (Russia).