£1.31m loan sees Nottinghamshire packaging firm invest in machinery

Surepak’s new Comexi F4 flexographic printing press.

Surepak Limited, a Nottinghamshire manufacturer of flexible packaging for foodstuffs, has invested in a new printing press and lamination unit after securing a £1.31 million loan from HSBC UK.

The firm has invested in a Comexi F4 flexographic printing press and a Comexi SL2 lamination unit, which enable the business to bring all its printing services in-house and produce higher quality pouch packages for clients including M&S, Waitrose, Suki Tea and Pets at Home.

The business produces flexible pouches for products including tea and coffee, sauces, cereals, hardware and pet food, as well as providing compostable packaging.

Before investing in the new machinery, Surepak used three different suppliers for a single product line. The new 8-colour press and lamination unit provides the business with a higher quality product that can be produced in one-third of the amount of time.

The HSBC UK loan supported the manufacture and shipment of the machine from Comexi’s Spanish base.

David Wagstaff, Financial Director of Surepak Limited, said: “The Comexi printing press is the market leader in printing innovation and with the new machinery, Surepak will be able to compete at the highest levels of product quality.

“The support of Chris Munnings, our Relationship Manager at HSBC UK, has been crucial in helping us purchase the printing press and lamination unit and will enable to us to deliver high quality products to our customers in the UK and abroad.”

Dave Welch, HSBC UK’s Area Director in Leicestershire, said: “The flexible packaging industry has seen a real boom due to pouches being more resource efficient and cost effective. Surepak’s industry expertise and latest manufacturing investment places the business in an excellent position for growth and able to respond to the increasing demand for flexible packaging.”