Europe’s leading supplier of rigid plastic packaging, RPC Group Plc, has purchased British plastic packaging manufacturer Maynard & Harris Group Limited (M&H Plastics) in a £103.5 million (124.5 million euros) deal, which was concluded earlier this year.

M&H, which employs about 700 staff across its principle manufacturing site in Beccles and its USA manufacturing facility in Virginia, fabricates a wide range of packaging products into the personal and health care markets, as well as some segments of the food sector across the UK, Europe and USA. Their clients list includes prestigious names such as Clinique, Estée Lauder, Hermès, L’Oréal, Lush, P&G, Unilever, The Body Shop, Yves Rocher, etc.

M&H Plastics’ primary UK site at Beccles, UK

M&H generated revenues of £76.7 million (92.2 million euros) in the year ending April 30, 2013 with operating profits of £13.9 million (16,7 million euros).

The M&H site at Winchester, Virginia, USA

M&H will operate as an independent business within RPC. M&H’s chief executive officer David Duffield will continue to lead the M&H management team under its new ownership. “M&H is a high quality business that is well positioned for growth. As part of RPC, the company will be better placed to enhance its product and service offering and take full advantage of the opportunities for growth that exist in Europe and North America,” he said.