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A Devon corrugated packaging specialist has been purchased by FTSE 100 listed Smurfit Kappa UK Restricted – one of many world’s main paper-based packaging suppliers options.
Atlas Packaging, primarily based in Barnstaple, North Devon, is finest identified for its shelf prepared packaging, present boxing and the e-commerce sector.
The transfer will strengthen its provide to the UK market, stated Eddie Fellows, Chief Government of Smurfit Kappa Corrugated UK & Eire.
He stated: “I’m delighted with this acquisition and to welcome one other robust skilled administration group into the Smurfit Kappa organisation. The enterprise has a longtime buyer base throughout a number of industries and a very good fame.
SKUK has operations all through the UK and is a subsidiary of Smurfit Kappa Group which is a world chief in paper-based packaging with listings on the London and Irish inventory exchanges.
Common Supervisor of Atlas Packaging, Jason Sharman stated: “We’re delighted to now be part of a world class organisation in Smurfit Kappa. Atlas has been a North Devon success story creating a whole bunch of jobs and increasing to 4 websites in Barnstaple and Bridgwater in Somerset. Our thanks go to our outgoing Chairman Adrian Gamble for his imaginative and prescient in establishing the agency in 1983.”
Smurfit Kappa has round 48,000 staff in over 350 manufacturing websites throughout 36 nations and with income of €10.1 billion in 2021.
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