Thursday, February 29, 2024

Coalville corrugated packaging firm makes acquisition

The Logson Group, the Coalville-based independent supplier of corrugated packaging, has completed the acquisition of Challenge Packaging, an independent sheet plant based in East Sussex.

Colin Prior, sales director and Simon Allen, chairman, along with the rest of the existing management team will remain with the business, continuing to lead Challenge Packaging as a stand-alone business within the Logson Group.

Simon Allen, chairman, Challenge Packaging, said: “I am delighted to be involved in the next phase of Challenge Packaging’s development as we progress our future plans.

“Our alignment with The Logson Group ethos serves to strengthen our market position whilst further diversifying our offering as we strive to maintain and grow our reputation as the Southeast’s leading packaging solution provider.”

Martin Coppard, Managing Director, Challenge Packaging, added: “I am incredibly excited to work with the entire Challenge team, alongside colleagues at Logson Group, as we begin the next phase of our journey.

“Joining with Logson, as our ideal partner, allows us to expand and evolve our market leading capabilities and drive customer service to new levels.”

David Richardson, Logson Group CEO, added: “Challenge Packaging is a great addition to the Logson family, and we are pleased to have acquired the business allowing us to expand our reach into the Southeast of the country.

“Simon, Colin, and the team at Challenge Packaging, have built a very strong business that has shown continued growth and development over many years. There is a strong correlation between the two organisations in terms of culture, drive, and approach to customers. We are very excited to be able to share expertise and capabilities with the wider Logson Group.”

Challenge Packaging will join the existing Logson Group brands of Board24, Boxes and Packaging, Cases24, Jardin Corrugated, Red Rose Packaging, Boxshop, The Cardboard Box Company and Durham Box.

Logson Group has a turnover of over £400m per annum and employs over 1,300 people.

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