Sharp move

27 September, 2006

Sharp Interpack, one of the UK 's leading suppliers of rigid plastics trays for food packaging applications, has acquired Rexam's Yate division for an undisclosed sum.

Rexam's Bristol-based business is a plastics thermoforming and extrusion operation, and supplies packaging materials to the poultry sector among others.

The acquisition follows Sharp Interpack's restructuring of its two UK sites in Somerset and Kent. £6.5m has already been invested at the Somerset site transforming it into the most modern thermoforming operation in Europe, the company claimed

Sharp Interpack managing director, Declan O'Sullivan, said: "This is a brilliant strategic opportunity, the Yate business is an excellent fit."

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