WEIDENHAMMER
Acquisition of L&D Moulding's injection moulding business / Factory to relocate to Bradford
The UK subsidiary of Germany’s Weidenhammer Packaging Group (WPG, Hockenheim; www.weidenhammer.de) has bought the plastics injection moulding business of L&D Mouldings (Hebden Bridge / UK; www.ldmouldingsltd.co.uk) for an undisclosed sum. The family-owned, trade moulding business will now be transferred to the Bradford plant of Weidenhammer UK, where a third production site for Weidenhammer Plastic Packaging is in the makings – see Plasteurope.com of 16.05.2011. All 15 L&D employees have been offered jobs within Weidenhammer UK.
Established in 1992, L&D Mouldings produces mouldings in a range of materials for the UK food and beverage industries. It has been a supplier of moulded over-caps and closures to the Weidenhammer composite can business for the last 10 years. On its 1,650m² premises, L&D currently operates a range of injection moulding machines with clamping forces of anywhere between 40-370 t, some equipped with sprue pickers and robotic arms. The company had a 2010 turnover of GBP 1.5m (EUR 1.7m).
Commenting on the acquisition of L&D Mouldings, its most important customer, Weidenhammer UK managing director David Kendall said: “The progression to continue this relationship under the roof of the composite can factory was a logical step.” Ralf Weidenhammer, CEO of WPG, said the purchase was an important step in the formation of the Weidenhammer Plastic Packaging business in the UK, adding: “The expertise of all employees and all assets of L&D will form the solid base of our future plastic business in the UK, partly for our own needs and as well for the expansion of IML containers for customers.”
Established in 1992, L&D Mouldings produces mouldings in a range of materials for the UK food and beverage industries. It has been a supplier of moulded over-caps and closures to the Weidenhammer composite can business for the last 10 years. On its 1,650m² premises, L&D currently operates a range of injection moulding machines with clamping forces of anywhere between 40-370 t, some equipped with sprue pickers and robotic arms. The company had a 2010 turnover of GBP 1.5m (EUR 1.7m).
Commenting on the acquisition of L&D Mouldings, its most important customer, Weidenhammer UK managing director David Kendall said: “The progression to continue this relationship under the roof of the composite can factory was a logical step.” Ralf Weidenhammer, CEO of WPG, said the purchase was an important step in the formation of the Weidenhammer Plastic Packaging business in the UK, adding: “The expertise of all employees and all assets of L&D will form the solid base of our future plastic business in the UK, partly for our own needs and as well for the expansion of IML containers for customers.”
13.07.2011 Plasteurope.com [219814-0]
Published on 13.07.2011