Graphic Packaging International, a leading provider of packaging solutions to the food, beverage and other consumer markets, today announced an agreement to acquire Benson Group, a leading food and healthcare packaging company based in the UK.
The addition of Benson Group further strengthens Graphic Packaging’s growing position in the European printed folding carton market. Benson Group’s three businesses in the UK will further strengthen Graphic Packaging’s footprint in Europe. Benson Group’s position in the growing convenience / retail market particularly will complement Graphic Packaging’s existing strengths in the consumer and beverage markets.
Commenting on behalf of Graphic Packaging, David Scheible, Chairman, President and CEO, said: “I am delighted to announce that Benson Group will now form part of Graphic Packaging’s growing presence in Europe. Benson Group has a great reputation, world-class assets, and a very effective management team. This acquisition is a key part of our strategic growth plan, and will give us a strong position in the convenience / retail market to complement our core strengths in consumer and beverage.”
Mark Kerridge, Managing Director of Benson Group, said: “This is a fantastic opportunity for Benson Group to become part of Graphic Packaging’s ambitious growth plans for Europe. Graphic’s excellence in operations partnered with Benson Group’s success through unrivalled customer service will be a great combination. We are looking forward to working within an enlarged European business to deliver the benefits of both to our customers and achieve further success.”
Graphic Packaging Holding Company (NYSE:GPK), headquarter in Mariette, Georgia, is a leading provider of packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The company is one of the largest producers of folding cartons and holds a leading position in coated-unbleached kraft, coated-recycled board, bag and speciality packaging. The company’s customers include some of the most widely recognised companies in the world. Additional information about Graphic Packaging, its business and its products, is available on the company’s web site.
Benson Group is one of the UK’s leading privately owned printed folding carton suppliers, producing packaging product for both the food retail and healthcare industries for a wide range of UK and European customers.
The business manufactures packaging product at four production sites across the UK, employing over 900 employees. Benson Group has continued to grow and expects to achieve annual sales for the current financial year in excess of £120 million. The company is an approved supplier for all of the UK’s leading retail chains, and also exports to customers across Europe.
For further information on Benson Group visit company web site.