After the death of his father Evan, who founded Linpac in 1959, Michael Cornish sold a large part of his family’s company to the private-equity firm Montagu in 2003 in a deal worth £860m. Linpac is a packaging and materials company and produces McDonald’s burger boxes, cardboard pizza boxes, plastic containers and dashboards for cars. Sales in 2002, the latest figures available, totalled £1,213m. The company recently sold its corrugated cardboard subsidiary for £170m.

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Company details
Year2004
Rank23
CompanyLINPAC
ActivityPackaging maker
LocationWest Yorkshire
Sales £m1,213
Profit £m66
Year endDec 02
Principal shareholdersMontagu Private Equity, Cornish family
Staff12,203
Founded1959
Websitewww.linpac.com

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* Supplied by company † Annualised figure