Sandland Packaging, a UK specialist in the design and production of cardboard packaging, received a £2.6 million investment from Frontier Development Capital (FDC) to support Buy-In Management Buyout (BIMBO).
Established over 30 years ago and specialises in the production of cardboard packaging for customers across the UK. The firm operates a complete service, including packaging design, manufacture and delivery through its fleet of lorries. The company has seen strong growth in recent years as the advantages of cardboard as a sustainable packaging solution are increasingly recognised – it is estimated that 84% of cardboard is currently recycled in the UK.
Robin Welch, Chairman of Sandland Packaging, said:
“This change of ownership marks the start of an exciting new chapter for Sandland Packaging. We are planning to build on the solid foundations laid by the previous owner and founder, while pursuing emerging opportunities in the cardboard packaging sector driven by the rise in product shipping and the growing appeal of cardboard as a sustainable packaging option.
“The funding from FDC and IGF has been instrumental in providing the capital needed to complete the transaction and we look forward to working with both parties, we plan to expand Sandland’s service and products for new and existing customers.”
Investment fund - Growth Capital