CBS Packaging Acquires Charapak

//CBS Packaging Acquires Charapak

CBS Packaging Acquires Charapak

We would like to announce the purchase of Charapak.

West Bromwich based CBS Packaging has recently purchased independent corrugated packaging manufacturer Charapak from administrators Duff & Phelps Ltd.

Charapak was established in 1980 and has a rich history of nearly 40 years manufacturing corrugated packaging from its facility in Alfreton, Derbyshire.

We are now in the process of integrating Charapak assets into the capabilities we have here at CBS Packaging. Work is ongoing to make this transition as smooth as possible. We would like to thank Richard Smith, former director of Charapak for helping us with the integration of Charapak customers into CBS Packaging.

We very much look forward to working with previous customers of Charapak and would like to welcome them into the CBS Packaging family. This purchase allows us to further increase our presence in the UK corrugated packaging sector, whilst giving our turnover a further boost with the group closing in on the £30m mark.

If you have any questions regarding this acquisition then please contact Jon Glazier at JonG@cbspackaging.co.uk.

Jitha Singh CEO of CBS Packaging

“We are pleased to announce the purchase of Charapak. This purchase is another positive step to keep building upon the growing momentum we have at CBS Packaging. This strategic move allows us to further increase the geographic diversity and strength of our customer base. “

Sarah Bell, Joint Administrator for Duff & Phelps Ltd

“Certain assets of the Company were sold to CBS Packaging Limited on the Appointment Date including finished goods, work in progress and raw materials and intellectual property including the website, customer database and Company name,”