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Synopsis
Cepac, a provider of corrugated packaging, completed the acquisition of a majority stake in EW Cartons, a specialist microflute corrugated food tray manufacturer. Financial terms were not disclosed. “As innovators and manufacturers of food tray packaging, Flutepac is now positioned as one of the UK’s most dynamic suppliers of microflute corrugated packaging solutions as part of Cepac Group. Thanks to in-house corrugator equipment combined with innovative coating technologies, as well as a range of print options, customers serviced by Flutepac will benefit from using the most sustainable, biodegradable, compostable and recyclable food packaging available in the UK market and beyond,” Steve Moss, Cepac Managing Director.
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