Sarpak employs 53 people at its Port Talbot site, where it extrudes, converts and recycles PE and compostable films. It has a 2019 turnover of €12m, and currently has a production capacity of around 7,000 tons.
Alfaplas employs 95 people at its Hereford site, where it extrudes, prints and slits PE and compostable films as well as paper, and in 2019 achieved a turnover of €21m.
“This acquisition will provide both companies with new manufacturing capabilities, enable them to offer their customers a new range of environmentally responsible products and capture new markets for continued growth,” said John Persenda, president of Sphere Group.
Indeed, over the last ten years, the market for compostable packaging and bags has developed strongly in the UK and will continue to do so in connection with the separate collection of bio-waste. The acquisition of Sarpak, in close collaboration with Alfaplas and Sphere Consumer Products UK, allows the Sphere group to position itself better on the British market in order to fully meet the expectations of consumers and local authorities, and to achieve in the future more than €70m of turnover in the United Kingdom.