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Geldards Advises Mercury Packaging Limited on Acquisition
Law firm Geldards have advised Nottinghamshire based Mercury Packaging Limited on their acquisition of North West plastic packaging specialist Certiforms Limited.
Hugh Strickland and Chris Faulkner of Geldards’ Corporate team negotiated the purchase of Macclesfield based Certiforms Limited on behalf of Kirkby-in-Ashfield based Mercury Packaging Limited.
Established in 1999, Mercury employs more than 50 people and has a current turnover of £5 million. Mercury specialises in the supply of high clarity polypropylene films for display purposes.
This is the latest in a series of initiatives for Mercury which is aimed at their expansion, and allows them to offer enhanced print capabilities, production efficiencies and technical expertise, as well as significantly increasing its presence in the food industry, with particular focus on the bakery and fresh produce sectors.
Commenting on the acquisition, Tony Stanger, Managing director of Mercury said: “We are very excited about the acquisition of the Certiforms business and believe it will have a positive impact on customer’s, employees and suppliers. It is a natural fit with Mercury and enables us to offer enhanced production and print capacity together with strengthened service levels and technical excellence. It also allows us to quickly penetrate the previously untapped food industry.”
Hugh Strickland, Partner at law firm Geldards, and who advised the management team on the acquisition, said: “This is a great opportunity for an already successful business to become even more successful in the future. This type of deal provides a great deal of satisfaction for all involved.”
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