Dozens of jobs safeguarded as packaging business bought out of administration
West Yorkshire-based flexible packaging firm, Arrow Film Converters, has been acquired out of administration – preserving 55 jobs.
The administrators of the company have confirmed its successful sale to Coral Products Plc, through its wholly owned subsidiary Film & Foil Solutions Ltd. The deal ensures the continuation of operations at Arrow’s production facility in Castleford.
James Clark and Howard Smith, from Interpath, were appointed joint administrators to Arrow Film Converters on 1 April 2025.
The sale includes state-of-the-art flexographic printing machines, laminators, and other key assets that will complement Film & Foil’s existing business, enhancing its capabilities in specialist flexible packaging.
The agreement also includes a six-month license to occupy the fully accredited BRCgS Castleford facility.
Clark said: “We are very pleased to have secured the sale of Arrow Film Converters, safeguarding 55 jobs and providing a strong platform for growth under new ownership.
“This transaction ensures continuity for employees, customers, and suppliers while enabling the business to thrive as part of the Film & Foil and Coral Products group.”
Joe Grimmond, non-executive chairman of Coral Products plc, added: “This acquisition propels Film & Foil into the front line of specialist flexible packaging and provides Coral Products plc with capacity toward its medium-term goal of £50m of production availability.”
Arrow Film Converters has been trading since 2003. Its accounts made up to 31 July 2023 reported a turnover of £17.9m and a pre-tax profit of £231,295.
