Birmingham-based Linpac makes food packaging and plastic containers, which it sells to retailers, manufacturers, food processors and pharmaceutical suppliers. Led by chairman, Mark Aldridge, 63, Linpac sold Ropak, its American rigid packaging business, for £165m in January – one of a series of disposals since a debt-for-equity swap in 2009. As a result, sales dropped 31% to £744m in 2012. Debts have also fallen, from a peak of £960m in 2008 to £238m in 2012.
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