Hanmere Polythene, supported by Chiltern, has acquired a local competitor Plasmech Packaging. The acquisition was completed on September 9th, and represents the beginning of a time of exciting growth and expansion for Hanmere Polythene.
Plasmech Packaging is based in Hitchin, just a few miles from the Hanmere Polythene Head Office. Plasmech and Hanmere align in many important ways. Both are well-established, with a strong focus on an exceptional service offering and customer service provision. With a similar service offering, a dedication to high standards through accreditations with high BRC grades, and a long relationship with the food manufacturing industry, Hanmere and Plasmech have many shared values. The Hanmere team hopes that with the additional power and resources available through this acquisition, these important values will not only be matched, but enhanced.
As a result of this union, Hanmere will have the ability to offer expanded product ranges that enable our customers to utilise recyclable polythene films, bags and sacks that are perfect for their needs. The Food Manufacturing industries, which make up the primary market for Hanmere, will benefit from a more tailored product that can fit the specific needs of their production processes.
Hanmere’s CEO, Glen Morris, said “We see the acquisition as a further step in the successful development of our business. Plasmech will enhance our product portfolio and the service offering to our customer base. This will help secure and improve our position as one of the leading process packaging manufacturers supplying the demanding food manufacturing sector and the wider market in the UK & Europe.”
This acquisition marks the first step in a larger growth plan that will position Hanmere as a leading plastic manufacturer in Europe. As a part of this, the Hanmere Head Office has undergone an extension, making room for two new machines. This expands the capabilities of the Hanmere factory, allowing a further 1500 tonnes of output per annum from just one machine. These new possibilities allow Hanmere to continue to focus on value engineering their product, reducing the amount of plastic used whilst maintaining performance. This benefits both the customer and the environment.
The Hanmere team is incredibly excited to see what lies ahead, and to welcome Plasmech into the group.