Interflex Group has bought Sunderland-based EBR, which supplies flexible packaging to the UK bakery and snack food sectors.
Interflex, which makes flexible packaging for the bakery sector and stretch and shrink films for the poultry, meat and produce sectors, has plants in the US, Scotland and Brazil.
The transaction was completed by Interflex Scotland with equity investment partner Red Diamond Capital.
The combined UK entity will trade as Interflex Group and continue to operate from the 7,500sqm Interflex factory in Dalkeith and EBR's 9,000sqm plant in Sunderland.
Interflex said EBR's senior managers would hold "key leadership roles" in the UK operation and had become shareholders in Interflex.
EBR is headed by Peter Seward as managing director, with Norman Jackson as operations director and Mark Bowman as sales director.
EBR reported a pre-tax profit of £361,144 for the six months to 31 March 2007. It did not disclose turnover.
The firm was formed in 1978 and has won awards including a 2007 European Flexographic Technical Association gold in the narrow web process category for Morrisons Best Tomato and Garlic Pantafola.
Interflex chief executive Stephen Doyle said the addition of EBR would "significantly enhance" the group's technical capabilities and push revenues above $100m (£50m).
The acquisition would also expand its production lines to include film and paper laminations, cold seal and coated structures, wax paper and polythene bags, the firm added.
Interflex has also secured an additional 2,500sqm factory in North Carolina, which will expand the firm's slitting, lamination, coating, pouch and bag making lines, while adding to its printing capacity.
Source: packagingnews
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