Thailand-based SCG Packaging has obtained UK foodservice packaging company Go-Pak.
The deal is predicted to lend a hand extend its buyer base within the foodservice sector, retail and wholesale companies, eating places and fast-food eating places in the United Kingdom, Europe, and North America, in addition to lend a hand to extend its marketplace base in ASEAN.
Go-Pak is a distributor of greater than 250 foodservice packaging merchandise, together with plates, forks and spoons, and cups and glasses, made from polymer and quite a lot of degradable fabrics. It has a manufacturing capability of four,000 million items in keeping with yr and an international community of acquisition brokers. Its buyer base contains meals carrier suppliers, shops and wholesalers in food-related companies, fast-food eating places, and meals caterers. Between the fourth quarter of 2019 and the 3rd quarter of 2020, Go-Pak earned £68.7 million and its belongings are valued at £40.2 million kilos.
Chief government of SCG Packaging Mr Wichan Jitpukdee mentioned: “Our investment will boost our potential and strengthen our food packaging production and marketing capacities to cope with our enlarged customer base from the UK, Europe and North America. It will also enable us to provide more diverse food packaging solutions for the expanding ASEAN market. With more than 40 years of experience in the packaging business, SCGP will be able to help strengthen Go-Pak’s operations.”