PET converter Esterform has acquired Constar UK
Independent converter of PET in the UK, Esterform Packaging Limited, has announced that it has acquired the business of Constar UK based at Sherburn-in Elmet near York.
Esterform manufactures 1.5 billion PET preforms and containers from its two sites in Tenbury Wells and Leeds. This acquisition, it says, will take the group’s overall capability to in excess of 3 billion units.
“The two companies manufacture very similar products with a good deal of duplicate tooling, so it makes perfect sense to merge Constar into the Esterform group,” commented Esterform's founder, Mark Tyne.
Esterform has previously expanded its business with the acquisition of both Able Industries and PetPlas Packaging since its formation in 2000.
The acquisition of Constar goes alongside Esterform's announcement three weeks ago of its £8 million investment in state of the art manufacturing technology.