U.K.: Packaging company Sirane acquires B&G
Food packaging company Sirane has acquired UK-based flexible packaging manufacturer B&G for an undisclosed sum.
Sirane says it will now be able to access new markets and expand the B&G business through its existing client base both in the U.K. and overseas.
"B&G Products is a great company with huge potential, and their product range complements Sirane's existing business perfectly," said Sirane managing director Simon Balderson.
"B&G Products becoming part of the Sirane Group will allow it access to our international network and this is the first step on what should be a very exciting path."
B&G Products managing director Nick Baxter said: "We've worked with Sirane for a number of years now, and so I'm happy the company is in safe hands. This is a partnership that makes sense for all concerned, as both Sirane and B&G Products can benefit from each other."
"There's a great opportunity now to further cement both companies' place in the market as the go-to company for all types of innovative packaging solutions."