March 8, 2010 — The Coated & Security Products Division of Filtrona plc (“CSP”), which
includes both Payne Tear Tape and Payne Security, is pleased to
announce that it has today completed the acquisition of BP Secure
Solutions Limited and Summercombe 110 Limited, the holding company of
BP Labels Limited (collectively referred to as “BP”). This represents a
significant expansion in the label capability of the division.
BP, based in Cardiff, United Kingdom, is a manufacturer of high quality,
creative and secure self adhesive labels for the pharmaceutical,
healthcare, cosmetic and food & drink markets, often providing these
labels as part of an authentication solution. The business is highly
complementary with CSP, sharing a focus on providing consumer products
companies with value added packaging and security solutions through
maximising the use of technologies, systems and production capabilities.
„The acquisition is consistent with Coated & Security Products vision to be
the premier provider of creative and secure packaging, identity and
security solutions to our customers and markets of choice”, comments
Tony Edwards, Divisional Managing Director of CSP.
„We believe we can deliver significant benefits from utilising our existing
global commercial and operational footprint to access new markets for
BP‟s products as well as from offering our existing packaging and security
products and technologies to BP‟s current customers.‟
“Everyone at BP Labels and BP Secure Solutions is excited about this
acquisition”, adds Andrew Wood, BP‟s Managing Director. “It is clear that
the two businesses share a passion for delivering value adding innovation,
quality and service to our customers and we very much look forward to
developing our label and authentication offering on an international basis.”
For more information, visit http://www.bplabels.co.uk
Source: BP Labels Press Release
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