M&H makes another packaging acquisition

By Simon Pitman

- Last updated on GMT

Related tags M&h plastics Jpmorgan chase

Just months after expanding its packaging capabilities with a major
acquisition, M&H has bought up the PET jar & Kilner ranges
from Audus Noble Dines Plastics in the UK.

In a move that the company says will help it to meet increased demands from its existing customer base, the acquisition of the two lines is expected to be incorporated into its business activities by the end of July.

"The acquisition of these Audus Nobel ranges means, M&H can offer the packaging industry a broader range of packaging solutions which is complimentary to the existing products and the perfect fit for personal care, toiletries and healthcare markets"​ said Mark Bryant, CEO of M&H Plastics.

The move means that M&H Plastics can now offer a full compliment of jars including PET plastic jars, a large range of wide mouth PET and PP jars and the supply of the popular Kilner jar.

Currently the company is a leading supplier to a number of the key players in the UK and European cosmetics and toiletries industry, with many of its packaging products occupying shelf space in major retail outlets.

It is envisaged that supply of the new lines will start at the company's Suffolk, UK, plant from the end of July 2006 and will be fully operational in September 2006.

In April this year the company announced the acquisition of Liverpool-based HPL Jars and Containers in a move that aimed to consolidate the company's position as one of the leading players in the European cosmetics and healthcare packaging industry.

The move meant that the group's staff size grew to around 500 and saw the company diversify from its core capabilities, which was standard-size bottles and caps as well as custom moulded packaging for the beauty and health market.

HPL built its name as one of Europe's largest suppliers of single heavy-walled PP and SAN jars, capabilities that are now part of the M&H Plastics portfolio.

M&H Plastics was itself acquired by JP Morgan Chase's private equity arm for an undisclosed sum back in March 2003 and streamlined its operations during the course of the following year.

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