Sold. Specialist Packaging Supplier

Specialist Packaging Supplier
Ref.IV024
Location Northamptonshire
Asking Price £ 2,000,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity.

This well established and diligently managed packaging company are suppliers of high quality FIBC’s (BULK BAGS) sourced from audited and exclusive factories in the Far East. The range of packaging products and services are geared to competitively priced solutions. The business has built a robust reputation throughout the sector for personal attention at competitive prices and is totally focused on providing exceptional levels of customer service throughout the process.

Originally being established in 1992, our clients have since developed an enviable and first class reputation for offering a highly skilled and professional range of products to the end user. This has culminated in the company maintaining a rich bank of clients. The group’s reputation is such that they are now referred to and recommended for substantial contracts, from construction products to food ingredients. The business seeks long term relationships with its clients and all divisions of the business are service driven.

The company employs a very proactive target driven sales/telesales team that helps to generate high levels of business.

Many of the company’s clients are long term (over 90% of business is from clients of over 3 years trading) and some have used the services of our client since the company was founded. The Companies client base ranges from small end users through to large Blue Chip clients such as Cadbury and HJ Heinz. The company is one of the leading suppliers of bulk bags to the building and construction industry, holding contracts to supply companies such as ‘Travis Perkins’, ‘Cemex’ and ‘Tarmac’ to name but a few.

Expansion Potential
The company has maintained a policy of controlled growth through cash flow, however it is fully recognised that with some financial investment the businesses turnover could significantly increase. Our client firmly believes that to a strategic buyer there are lots of synergies and complimentary products that could be cross-sold.
Other areas of growth lie within the following areas:

• The waste industry
• The food industry
• The agricultural industry
• The chemical industry
• Supplying more independent Builders merchants
• Containers for liquids

The above would also allow the company to increase its market share and overall dominance. Although not the largest company supplying FIBC’s it is believed that this company supply more 4-loop FIBC’s than any other.