This family-owned packaging maker has been undergoing radical restruc- turing since Montagu Private Equity took a 47% stake for £860m in 2003. It has disposed of several non-core assets under chief executive Mike Arrowsmith, including its American packaging and materials handling businesses in 2006 and its moulded foam unit earlier this year. The latter deal was followed by acquisitions including Allibert, the French plastics company, and Myers Industries’ European material handling business. Linpac’s sales were £1,132m in 2005.
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