Pulse Flexible Packaging has announced the completion of a successful first year as an independent business following a management buyout.
The company has combined its extensive knowledge of the packaging industry with a renewed energy and its cutting edge technologies to make significant progress in its first year, it said, with projected growth on track to exceed expectations.
During its first year, Pulse Flexible Packaging broadened its capabilities with the investment in a new, state-of-the-art, short run flexo press with inline coldseal.
Mike Collins, managing director at Pulse Flexible Packaging, said: “Our investment strategy from day one has been to improve our portfolio and better meet the needs of our customers. The investment in the new press will help us to further increase our speed to market in response to a growing demand for more frequent, shorter run lengths.”
The new flexo press is the first phase in a series of planned strategic investments for the Lancashire, UK-based supplier to support its customers’ specific needs in today’s challenging environment.
The business reported a successful first year with projected growth targets of a turnover in excess of £80 million by 2018.
The company supplies flexible packaging for the food and beverage industry. It was established in May last year when the UK board of directors and pension trustees acquired the UK operations of Printpack Enterprises from Printpack Inc. in a management buy-out.