PortionPack acquired Custompack from Selecta Group.

PortionPack, the leading European specialist for portion packs, acquired Custompack from Selecta Group via its UK based company Single Source. CustomPack focuses on the provision of single portion items such as wet sauces, dry products and portion packing to its clients from its assembly facilities in Telford UK. Financial terms were not disclosed. David Flochel CEO of Selecta Group, commented: “CustomPack is a good solid business. However, given our focus on being the leading unattended self-service convenience food and beverage operator in Europe, we feel CustomPack is non-core and that its future growth can be better supported by a new owner. PortionPack operates in the same industry as CustomPack, understands how the business works and can drive the business forward. Selecta will continue to source products from CustomPack.”