Platinum Equity Company Contego Packaging Group Invests in New Portsmouth Facility
September 9, 2011
As reported by Packaging Europe, a packaging industry web site, Contego Packaging Group, a Platinum Equity portfolio company and a pan-European supplier of cartons, leaflets, labels, and foil for the food, beverage, and pharmaceutical industries, is moving to a new, 50,000 square foot carton production facility in Fareham, Hampshire.
“Our current Portsmouth factory is housed in two separate buildings which does not allow room for much-needed expansion. The move provides an opportunity for us to invest in state-of-the-art printing, cutting, and creasing technology to handle the growing requirements for cartons at Portsmouth,” states Tom Reid, Chief Executive Officer, Contego Packaging Group.
Having more hands and more space allows Contego to invest in newer, larger, and more efficient printing technology. This expansion will prepare Contego to better meet requirements for long and short run print work.