UK-based food group Regal Food Products Group has announced the acquisition of disposable food packaging solutions provider Packaging ‘R’ Us.
The companies have not disclosed the financial details of this transaction.
This is the food group’s first non-food and drinks business it is adding to its portfolio.
The acquired company specialises in manufacturing a wide range of disposable food packaging solutions.
The offered range includes disposable utensils, foil containers, catering foil, and plastic containers.
Regal CEO Younis Chaudhry said: “Acquiring Packaging ‘R’ Us will allow [us] to develop our wholesale arm of the business, whilst offering our customers an eclectic range that will naturally sit alongside our existing products and brands.
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“As a PLC [public limited company] we recognised a business that presented itself with opportunities and using our existing teams, manufacturing expertise, distribution networks and channels to market, we can really build and scale what is already a great business.”
Chaudhry added: “This is an extremely exciting milestone in the Regal journey, as we not only welcome our first non-food brand into the group but relocate Packaging ‘R’ Us and its production to our main manufacturing and distribution facilities to Bradford.
“As a business that has the Bradford community close to its heart, we are pleased the new production site will create approximately 20 new jobs offering employment in a range of keys areas, whilst providing platforms and opportunities for personal development.”
The food group, which owns household brands Regal Foods and Yorkshire Baking Company, intends to become a one-stop solution for its customers by offering various services such as packaging and finished goods and ingredients.