Packaging
A&R Carton increases ownership in SP Containers Ltd
Thursday 07. April 2011 - A&R Carton acquires an additional 34% of the shares in Speciality Paperboard Containers Ltd (SP Containers) and now holds a majority position of 67%. With part of SP Containers, A&R Carton has broadened its innovative offering with paperboard packaging solution.
SP Containers are very happy with the further investment by A&R Carton. Both companies have common strategies and growth ambitions. With the assistance of A&R Cartons resources, SP Containers will be able to develop at a much faster rate than previously. We look forward to further cooperation with A&R Carton, says Paul Nixon, Managing Director of SP Containers
SP Container offers high quality innovative and specialist solutions for various packaging requirements. With almost 20 years of extensive experience, they produce paper board based containers and cups suitable for products like ice cream, dairy, confectionery and pet food, as well as for secondary packaging for a diverse range of products. The production site is both hygiene (BRC) and sustainability (FSC) accredited and all products are made from sustainable or recycled sources.
– We are very pleased to increase our share of SP Containers, says Per Lundeen, CEO of A&R Carton. SP Container’s products complements A&R Cartons product portfolio very well and together we have a strong know how and vast experience.
SP Containers supplies the major European ice cream producers as well as major UK retailers and food producers. They also have strong export business into Continental European, Scandinavian and Baltic markets.