RPC Group plc () is based in the
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
, and is one of Europe's largest supplier of
plastic packaging
Plastic containers are containers made exclusively or partially of plastic. Plastic containers are ubiquitous either as single-use or reuseable/durable plastic cups, plastic bottles, plastic bags, foam food containers, Tupperware, plastic tub ...
.
Its headquarters are in
Rushden
Rushden is a market town and civil parishes in England, civil parish in North Northamptonshire, England, around east of Northampton. The parish is on the border with Bedfordshire, north of Bedford.
The parish of Rushden covers an area of some ...
in Northamptonshire. It was listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
until it was acquired by
Berry Global Group Inc.
History
The company's origins lie in a plastic packaging production unit at
Oakham established by a Danish group, Superfos, in 1973.
The plant was acquired by
Reed International
RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; ...
in 1983 and was the subject of a
management buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1 ...
as Reedpack Containers in 1988, but was then bought by
Svenska Cellulosa Aktiebolaget in 1990.
[ The business was then the subject of a management buyout from Svenska Cellulosa Aktiebolaget in 1991.] It was first listed on the London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
in 1993.[ It went on to buy Continental Plastics Europe, with 12 sites across Europe, in 1997][ and Wiko, an injection moulding business based in Germany, in July 2000. In December 2010 it bought Superfos Industries, its former parent, for about €240 million (£203 million).]
Acquisitions
In December 2013 the company acquired Maynard & Harris Plastics, a manufacturer of rigid plastic packaging, for £103.5 million and in May 2014 it bought Ace Corporation Holdings, a Chinese injection moulder, for up to $430 million. It then bought Promens, with 50 plants internationally, in a €386 million (£306 million) deal in December 2014.
For 2016, the company earned £2.75 billion, a two-thirds jump in revenue from the year before after a series of acquisitions. Among those acquisitions were the bottle-top maker GCS in France and British Polythene Industries. In March 2016 the company bought French bottle-top maker Global Closure Systems for €650 million (£468.7 million) to strengthen its position in Europe's plastic packaging market and in August 2016 the company bought British Polythene Industries for £261 million. It went on to buy Letica, an American business, for $640 million in February 2017. As of June 2017, Pim Vervaat served as chief executive. Since December 2015, RPC had completed 11 acquisitions.[
]
Take-over
The company announced in March 2019 that it had agreed to be taken over by Berry Global Group Inc.
Operations
The company makes a wide variety of plastic food-packaging products including Heinz Tomato Ketchup, Nivea, L'Oréal
L'Oréal S.A. () is a French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. It is the world's largest cosmetics company and has developed activities in the field concentrating on hair color, sk ...
, Saxa Saxa may refer to:
*Saxa (food product), a brand of salt and pepper
*Saxa (musician) Saxa may refer to:
*Saxa (food product)
Saxa is a brand of herbs, spices, salt and pepper in the United Kingdom and Australia. Formerly a brand of Rank Hovis McD ...
, Jacob's, McVitie's and Hubba Bubba
Hubba Bubba is a brand of bubble gum produced by Wm. Wrigley Jr. Company, a subsidiary of Mars, Incorporated. Introduced in the United States in 1979, the bubble gum got its name from the phrase "Hubba Hubba", which some military personnel in Wo ...
.[
]
References
External links
Official website
{{Authority control
Companies established in 1988
Packaging companies of the United Kingdom
Rushden
Companies listed on the London Stock Exchange
1988 establishments in the United Kingdom
Companies based in Northamptonshire