AR Packaging has acquired folding cartons manufacturer Firstan Holdings along with its subsidiary Firstan Limited to boost its presence in the UK.
Financial details of the transaction remain undisclosed.
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Firstan designs and manufactures printed cartons for various sectors such as food, pharmaceutical, healthcare and cosmetic.
AR Packaging said that the acquisition is in line with its strategy to grow in selected segments and geographies.
It will also enable it to expand its multicategory packaging solutions offerings.
Firstan previous majority shareholder and managing director Andrew Hartwig said: “I am happy to see our company take the next step in its development and join AR Packaging.
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By GlobalData“Our strategically located and well-invested facility will together with our skilled team add further capabilities to AR Packaging and we will together offer extended services to all UK customers.”
Firstan operates a factory in Godmanchester, Cambridgeshire. The plant is complete with advanced machinery and operating systems.
The company employs 140 staff skilled in designing and producing printed cartons.
With 30 factories in 13 countries, AR Packaging provides packaging solutions for a range of industries.
AR Packaging CEO and president Harald Schulz said: “It is with great pleasure we welcome the Firstan company and its employees to our AR Packaging family. This addition is of significant strategic importance to strengthen our position on the UK market.
“Together with our existing two plants in the UK, Firstan provides an excellent platform for further growth in this important and fast-moving market.”
