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Plastic packaging manufacturer
Lendlock Group acquires Nekem
Jane Ellis,, 23 July 2008
Plastic packaging manufacturer Lendlock Group is undergoing a "multi-million pound" expansion following the acquisition of glass packaging supplier Nekem Partnership.
Chester-based Lendlock supplies products to the cosmetic, pharmaceutical and toiletries industries and had a turnover of £13.4m in the year to 31 July 2007.
The Nekem Partnership, based in Hull, was founded in 1963 and specialises in glass and plastic packaging for the pharmaceutical, healthcare and cosmetics markets.
The company also supplies caps, closures, pumps and sprays and offers bottle and closure decoration.
Lendlock Group chairman Mike Duffell said: "The acquisition of Nekem Partnership is part of our ongoing strategic plans and will secure a strong future for the ongoing business of the group."
Lendlock will now employ more than 250 people at its plants in Bootle, Chester, Burnley, Dorset and Hull.
The deal was funded by Alliance & Leicester Commercial Bank's Merseyside Business Centre.
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