Coveris expands with flexpack acquisition

Learoyd initially supplied paper and plastic bags to the textiles industry, before focusing its strategy on the fast-moving food packaging market to achieve sales in excess of 20 million GBP in 2013.

This announcement follows Coveris’ recent acquisition of St. Neots Packaging, a manufacturer of cartonboard products for the food-to-go and convenience markets.

Coveris described the acquisition as strategic and said Learoyd will support and strengthen its UK flexible packaging offering through advanced processes and technologies, in addition to providing access to new customer and product markets.  

Mark Lapping, president of Coveris’ UK Food & Consumer business, said: ‘Learoyd has built an enviable market reputation for flexible packaging through its innovative culture, focus on best practice and strong management team.

‘Through our aligned capabilities in flexographic print, Coveris’ investment in Learoyd will offer our customers greater access to first-class technology and an extensive knowledge base.’

Allan Ferguson, managing director of Learoyd Packaging, added: ‘Over recent years, we have invested in the long-term growth of the company, to develop a state of the art facility with extensive design capabilities as well as training and development for our staff. 

‘The backing of Coveris will enable us to deliver accelerated growth in a market which offers considerable expansion and cross-selling opportunities both in the UK and internationally.’