Take-over for packaging firm that supplies Johnnie Walker and Victoria Beckham - pet film for food packaging
The MW luxury packaging based in Shepreth was acquired by GPA Global, a provider of packaging and display solutions with operations in Asia, Europe, Australia and North America.
Cam County luxury packaging was founded in 1998 to provide products to food, beverage and cosmetics giants such as Johnnie Walker, Christian Louboutin and Victoria Beckham in the UK, the United States, Mexico, China and Hong Kong.
Anthony Dowler, founder of MW luxury packaging, will become a shareholder of GPA and continue to be committed to the growth of the company.
"GPA Global offers an exciting business model in multiple markets with a strong reputation and credibility.
"We are confident that this partnership will enable the combined business to serve our customers at a new level," said Doller . ".
GPA Global is supported by EQT Capital, a private equity firm.
Mills and Riff's Cambridge office advised on the acquisition.
Anthony McGurk, partner at Mills & Reeve, added: "As a leading company in the world's high-end packaging sector, the deal will further strengthen MW luxury packaging's network.
"It's important for us to make deals as simple as possible so that businesses can focus on the day --to-day operations.
We work closely with Anthony and his team to understand their business goals and help them achieve them. ”