Constantia Flexibles has acquired 100% of the share capital at FFP Packaging Solutions with its first consumer packaging plant in the UK.
The company is the world’s third-largest producer of flexible packaging and has 8660 employees manufacturing tailor-made packaging products at 38 sites across 16 countries.
FFP Packaging Solutions, founded in 1967, has more than 100 employees and operates from its headquarters in Northampton.
Robin Chudley, chairman of FFP Packaging Solutions, said, ‘This legacy is something that was started by my father 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 recognised 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.’
David Cooper, managing director & CEO of FFP Packaging Solutions, added, ‘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.’
Constantia Flexibles was rated Level A by Climate Change Leadership (CDP) in 2021 and Gold by EcoVadis in 2022.
Pim Vervaat, CEO of Constantia Flexibles, said, ‘The acquisition aligns well with our Vision 2025 growth strategy of investing in competitive businesses with potential for future growth. We will be working with the existing management team to continue driving the revolution of sustainable flexible packaging in the UK and beyond.
‘Sustainable packaging solutions are no longer a trend. They are a must-have.’
