MPS secures deal for Presentation Products Group

By Darryl Danielli, Friday 28 November 2014

Be the first to comment

Multi Packaging Solutions (MPS) has bought Scotland-headquartered gifting packaging specialist Presentation Products Group (PPG).

presentation-products-group-scotland

PPG's Scotland manufacturing base, its HQ since 2004

The value of the deal for the £28m-turnover business was not disclosed.

MPS has signed a definitive agreement with owners Laura and Jeffrey Conway, and subject to clearance from the Competition & Markets Authority the deal is expected to complete in the first quarter of 2015.

PPG specialises in luxury gift packs for the food and drinks industries, clients include Asda, Bacardi, Diageo, Harrods, Marks & Spencer and a raft of leading whisky brands.

“I have been involved with the business for over 20 years and I am proud of what has been achieved. We have built a strong reputation for innovation and service and we now produce packs for some of the world’s most prestigious brands,” said PPG managing director Laura Conway.

As well as its manufacturing operation in Arbroath, Scotland, the 50-year-old, 150-staff business also has sourcing operations in Hong Kong and mainland China through its subsidiary Presentation Products Asia Pacific.

“As we continue to build our premium packaging capabilities for the branded consumer and healthcare markets, the addition of PPG to MPS enhances our manufacturing, creative design, project management and global sourcing capabilities,” said MPS president Dennis Kaltman.

According to MPS head of marketing & communication, Bob Houghton, PPG will be rebranded under the MPS name after a “transitional period allowing customers to become familiar with the change of ownership”.

Share this

Related headlines

Chesapeake and MPS in merger deal
22 November 2013

Chesapeake Services is to merge with Multi Packaging Solutions (MPS) creating a $1.4bn (£864m) global...

Chesapeake/MPS Greenford buys KBA Rapida 106
04 July 2014

Chesapeake/MPS Greenford has invested in a four-colour KBA Rapida 106 B1 press to increase its production...

This Issue

Latest comments