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 Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

, and is one of Europe's largest supplier of plastic packaging. Its headquarters are in

Rushden Rushden is a town and civil parishes in England, civil parish in the North Northamptonshire district, in the ceremonial county of Northamptonshire, England, around east of Northampton. The parish is on the border with Bedfordshire, north of B ...

in Northamptonshire. It was listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

until it was acquired by Berry Global Group Inc.

History

The company's origins lie in a plastic packaging production unit at

Oakham Oakham is a market town and civil parish in Rutland (of which it is the county town) in the East Midlands of England. The town is located east of Leicester, southeast of Nottingham and northwest of Peterborough. It had a population of 12,14 ...

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 buyouts became noted phenomena of 19 ...

as Reedpack Containers in 1988, but was then bought by

Svenska Cellulosa Aktiebolaget Svenska Cellulosa Aktiebolaget () is a Sweden, Swedish wood industry, timber, pulp and paper industry, pulp and paper manufacturer with headquarters in Sundsvall. It has approximately 3,450 employees and a turnover of approximately Swedish krona ...

in 1990. The business was then the subject of a management buyout from Svenska Cellulosa Aktiebolaget in 1991. It was first listed on the

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 multinational personal care corporation registered in Paris

, Saxa, Jacob's,

McVitie's McVitie's () is a British snack food brand owned by United Biscuits. The name is derived from the original Economy of Scotland, Scottish biscuit maker, McVitie & Price, Private company limited by shares, Ltd., established in 1830 on Rose Street ...

and Hubba Bubba.

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