Essentra Packaging

Essentra Packaging is a multinational manufacturer of pressure-sensitive tear tape, labels, closures and seals for the packaging and labeling industry. Until 2022, the company was part of the Packaging & Securing Solutions division of Essentra.[2][3]

Essentra Packaging
TypeTrading Division of Essentra plc
IndustryPackaging
PredecessorPayne, PP Payne, Contego, Dakota Packaging
FoundedNottingham, United Kingdom (1911 (1911))
FounderPercy Philip Payne
Headquarters
Nottingham
,
United Kingdom
ProductsConsumer Packaging, Healthcare Packaging
Revenue£181.8 million (2013) [1]
£30.2 million (2013)[1]
Parent
Websiteessentrapackaging.com

On October 2, 2022, the Mayr-Melnhof Group announced that it had finalized the purchase of the entire US and UK businesses of Essentra Packaging. Since then, it has been part of MM Packaging.[4]

History

P.P. Payne was founded in 1911 by Percy Philip Payne, manufacturing cotton tapes for the local textile industry. In the 1950s, the business developed Rippatape, the first tear tape based on cotton fibres, used for easy opening of boxes and sacks. P.P. Payne went on to develop self-adhesive tear tapes, which became popular for cigarette packaging, and was acquired by Bunzl in 1996 as a consequence of the group's growing success in filter production.[5] PP Payne was demerged from Bunzl in 2005 and formed part of the Filtrona group, where it was renamed to Payne.[6] In 2010, the company expanded its product portfolio through the acquisition of Cardiff-based BP Labels.[7] In early 2013, Filtrona plc completed the acquisition of Contego Healthcare, which was incorporated into the Coated & Security Products Division of the company.[8]

On 26 June 2013, the parent company, Filtrona PLC formally rebranded to Essentra Plc.[9][10][11][12] As part of this, Payne re-branded to Essentra Packaging on October 14.[9][13] The company's Coated & Security Products Division in which Payne operated was renamed Essentra Packaging & Securing Solutions.[9][12]

In November 2013, the company acquired Dakota Packaging, based in Dublin, Ireland, to reinforce the division's product range and customer base in healthcare packaging. It also provides significant additional scale in the Irish market.[14]

In November 2014, the company announced the acquisition of a healthcare carton and labelling company, Clondalkin, for $455m in order to grow its North American business.[15]

Locations

Essentra Packaging is headquartered in Giltbrook, Nottingham and has additional manufacturing facilities in Banbury, Cardiff, Liverpool, Bradford, Newmarket, Fareham, Waterford, Sarreguemines, Bitterfeld-Wolfen, Cervia, Podenzano, Cork, Richmond, Sao Paulo, Bangalore and Surabaya, along with offices in Singapore and China from which Essentra Packaging provides its products to customers in over 100 countries.[2] All of Essentra Packaging's sites are accredited with the ISO 9000 quality management and ISO 14001 environmental management standards[2] and are supported by an in-house design studio, an R&D facility and multi-million pound print capabilities.[16]

Products

Essentra Packaging manufactures a range of tear tapes, labels, closures and seals which claim to offer functional aspects to packaged goods through providing easy opening and resealability. The products can also act as a medium to carry branding and messages, in the form of printed images, text or data. Additionally, these products can also carry brand protection solutions, such as tamper evidence or a range of overt and covert authentication technologies[16] such as holography, colour shift inks and taggants.

The healthcare packaging area of the business manufactures and prints cartons, labels, leaflets, and blister pack foils for use in the healthcare and pharmaceutical industries. These are designed for use on high-speed packaging lines and can incorporate a range of print features along with embossing and tamper-evident features.[17]

Essentra Packaging won an Asian Manufacturing Award in 2012 in the Innovation Solution Category for their Variable Data Print tear tape, which combined digital print technology and gravure printing to deliver over 500 million unique digitally printed codes together with a promotional message.[16] The in-house design department of Essentra Packaging was named Design Team of the Year at the 2013 UK Packaging Awards. The company was also commended in the ‘Packaging Company of the Year’ category, after reaching the final shortlist of four nominees.[18]

References

  1. "Filtrona End of Year Results 2013" (PDF). Archived from the original (PDF) on 2014-03-19.
  2. "Filtrona Annual Report 2011" (PDF). Archived from the original (PDF) on 2018-08-18.
  3. "Filtrona C&SP Division Overview". Archived from the original on 2012-12-22.
  4. "Acquisition of Essentra Packaging successfully completed". Mayr-Melnhof Group. Retrieved 2022-12-18.
  5. "Bunzl acquires PP Payne".
  6. "Market Watch Bunzl Demerger". Archived from the original on 2013-02-16. Retrieved 2013-01-13.
  7. "Payne acquires BP Labels". Archived from the original on 2013-04-21. Retrieved 2013-01-13.
  8. "Filtrona to acquire Contego Healthcare for £160m".
  9. "Formal Rebranding to Essentra Plc" (PDF). Essentra Website. Archived from the original (PDF) on 2013-10-16.
  10. "Filtrona faces re-branding test". Financial Times.
  11. "Filtrona highlights diversification with name change to Essentra". Financial Times.
  12. "Filtrona Plc to be re-branded Essentra Plc" (PDF). Filtrona Website.
  13. "Payne and Contego re-brand to Essentra Packaging". Packaging Europe. Archived from the original on 2013-06-25. Retrieved 2013-06-27.
  14. "Essentra plc ACQUISITION OF DAKOTA PACKAGING LIMITED". The Wall Street Journal.
  15. "Essentra makes biggest acquisition in its history". Telegraph.co.uk. 12 November 2014.
  16. "Filtrona Annual Report 2012" (PDF). Filtrona Website.
  17. "Packaging & Securing Solutions". Essentra Website. Archived from the original on 2014-01-16.
  18. "UK Packaging Awards 2013 winners: Design Team of the Year".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.