Industry News
Plastribution acquires thermoplastics sheet
business Plastribution Group, has acquired Leicester- based thermoplastics sheet supplier, Eagle Plastics, for an undisclosed sum. The move enables Plastribution to add a sheet business to its products division, which currently includes films and foil distributors, Plasfilms and Plasfoils. All staff at Eagle Plastics will be retained. Founded in 1994 and occupying a 10,000sq
ft site in Thurmaston, Eagle Plastics has 11 employees and supplies a comprehensive range of semi-finished thermoplastic materials to a diverse client base, including blue-chip organisations. Typical products, which are available in a wide variety of types, sizes, finishes, gauges and colours, include sheet for point-of-sale, shop displays and mirrored plastic sheet as an alternative to glass. Since its inception, the company has achieved steady organic growth,
increasing its national market share and pursuing expansion opportunities across a diverse range of sectors. Having built up a successful business, the shareholders of the firm have offered the company for sale as part of their retirement plans. Mike Boswell, managing director of Plastribution Group, said: “We are
delighted to acquire this niche plastic sheet distribution business as part of our strategy to further develop sales of semi-finished plastic products. With its light manufacturing and in-house warehouse, Eagle Plastics has developed an outstanding reputation for quality and service. “The business will continue to operate from its current location in Leicester.”
Plasfilms joins the FPA
Films distribution business, Plasfilms, has joined the Foodservice Packaging Association (FPA) by becoming a national distributor member. The FPA membership is comprised of members who are involved with food and foodservice packaging at some point along the supply chain. This includes raw material and machinery equipment suppliers, packaging manufacturers, distributors and retail brands, foodservice and hospitality
operators, waste processors and recyclers. Matt Wood, Plasfilms’ product development manager, said: “With our target market being the food industry, we want to develop our knowledge and understanding of new market trends first-hand – the FPA provides us with the opportunity to achieve that. Plus, we are confident that we can create a wider awareness of the Plasfilms brand and our offering. “In return, we can provide members with a
deeper understanding of the film conversion market and, importantly, where we see consumer focus.” Plasfilms is one of the UK’s leading
distributors of films and supply chain services for businesses across the UK packaging and labelling industry. Its portfolio of packaging films includes BOPP, PET, CPP, heat shrink films, rigid films, PVC and SANZIP re-closable zippers.
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