Constantia Flexibles signed an agreement on Wednesday, 10 August 2022, to acquire 100% of FFP Packaging Solutions, a leading player for sustainable, flexible packaging in the consumer market from Northampton, UK. The acquisition earns Constantia Flexibles the first consumer plant in the UK and is an addition to its portfolio that spans several regions. FFP Packaging Solutions is a partner to major food brands and UK retailers. With over 100 employees, the business operates from its headquarters in Northampton, UK.
Vienna headquartered Constantia, as our readers know, is active in India with plants across the country after its acquisition of Parikh Packaging, Creative Polypack in the past decade. It has also built a pioneering plant for its PE-driven Ecolam recyclable flexible packaging materials at a greenfield site in Ahmedabad.
On 11 August 2022 in Vienna, Pim Vervaat, CEO of Constantia Flexibles, stated, “The acquisition aligns well with our Vision 2025 growth strategy of investing in competitive businesses with potential for future growth. FFP Packaging Solutions joining the Constantia Flexibles Group will expand our overall market position. Its significant experience and credibility allow for strong relationships across the UK food industry. We will be working with the existing management team to continue driving the revolution of sustainable flexible packaging in the UK and beyond.”
FFP Packaging Solutions is established as a leading innovator in flexible plastic packaging. Founded in 1967, the company has over 50 years of experience in participating in the change toward sustainable, flexible packaging. The press release says that the company’s recyclable laminates offering flow wraps, lidding films, and pre-made pouches already generate over 80% of its sales in sustainable packaging. “Sustainable packaging solutions are no longer a trend. They are a must-have. FFP Packaging Solutions figures already show it. And together, we are committed to a circular economy, driving the transformation with more sustainable packaging,” adds Vervaat about the addition to the Constantia Flexibles family.
Robin Chudley, chairman of FFP Packaging Solutions, states, “I am extremely proud of FFP’s position in the UK flexible packaging market and the respect that FFP has developed across the industry. This legacy is something that was started by my father back in 1962 and has been continuously built upon through my own leadership of the business and more recently since the appointment of the management team in place today.
“Having led FFP as a family-owned business for many years, we recognized the importance of succession planning to secure FFP’s long-term future. This is the reason that we appointed David Cooper as managing director and CEO in 2017 and since then David and his team have done a phenomenal job in making sure that FFP’s know-how, core competencies and values remain aligned with the needs of our customers and, in doing so, keeping FFP at the forefront of flexible packaging development.
“The sale of FFP to Constantia Flexibles is another important step on the firm’s journey and I am delighted that David and his team will remain with the business to ensure a successful integration and continue to build on FFP’s success long into the future.” David Cooper, the managing director and ceo of FFP Packaging Solutions, said, “on behalf of the Directors and the whole team at FFP, we thank Robin and the wider Chudley family for their trust and support whilst we have been building FFP’s strategy to drive the revolution of sustainable, flexible packaging in the UK.
“We are extremely excited to be joining the Constantia Flexibles family, and we are all looking forward to combining our resources and wider business capabilities to accelerate the development of sustainable, flexible packaging and, in doing so, continuing to provide significant value for our customers.”