VPK Packaging Group has entered into an agreement for the acquisition of 100% of the shares in ICS Europaks, a corrugated board box manufacturer based on Galvone Industrial Estate in Limerick, Ireland. Rigid Containers, VPK’s subsidiary in the UK, will continue to run the ICS Europaks business as a stand-alone unit.
ByLesprom Network
Feb 13, 2015. /Lesprom Network/. VPK Packaging Group has entered into an agreement for the acquisition of
100% of the shares in ICS Europaks, a corrugated board box manufacturer based
on Galvone Industrial Estate in Limerick,
Ireland, as the
company said in the press release received by Lesprom Network.
Rigid Containers, VPK’s subsidiary in the UK, will continue to run the ICS
Europaks business as a stand-alone unit.
“We are really excited about bringing ICS Europaks into the Rigid
Containers Group,” states Richard Coward, Managing Director of Rigid
Containers. “ICS has a well established customer base that we very much look
forward to working with. Once the manufacturing site in Limerick
becomes part of the Rigid Containers Group, we can reduce lead times for the
Irish market, which will further confirm our market position.”
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