Mercury Packaging, CPS Flexible Ltd merge to increase capacity, production efficiencies

06-Mar-17

In a bid to increase capacity and boost production efficiencies, Mercury Packaging and CPS Flexible Ltd have merged to form a major flexible packaging company with a combined turnover of some £16 million and forecasted growth of 25% over a three-year period. The newly-formed BRC (British Retail Consortium) accredited business will operate under holding company, Quicksilver, but retain the Mercury Packaging and CPS Flexible brand names. Primarily targeting the food, publishing, retail and security markets, it will run from the existing state-of-the-art production facilities located in Nottingham and Leicester.

Tony Stanger, new Group Chairman, comments: “This transaction brings together two highly complementary and long-established organisations to create a new, more powerful flexible packaging company designed to further enhance our expertise and capabilities.” CPS Flexible has extensive extrusion capability for the production of both polythene (PE) and polypropylene (PP) films to complement their print and bag-making functions. Mercury Packaging does not offer extrusion but boasts printing, conversion and lamination competencies.