Corporate Team Advise on PPS Equipment Holdings Acquisition of GW Containers
The Corporate team at The Wilkes Partnership Solicitors, led by Partner Rick Smyth, has advised PPS Equipment Holdings Limited on the acquisition of GW Containers, the UK’s specialist in plastic fish boxes and insulated containers.
The acquisition will enable PPS to expand and enhance its current services to ensure customers have access to an even larger range of packaging solutions. Currently PPS offers the delivery, collection, asset tracking, washing, rental and repair of returnable equipment. The group also offers the sale of a wide range of returnable packaging via Alison Handling, the UK’s largest independent stockist, who joined the group 18 months ago, another acquisition advised on by the corporate team at Wilkes.
David Peggie, CEO of PPS, said: “We’ve admired the services and reputation of GW Containers for many years and we are proud to be able to take on the exceptional services and impressive customer base. We are also delighted that both Graham and Gregg Witherington will remain with the company in their current roles to continue the further development of the business under the PPS banner”.
Speaking about his dealings with the team from Wilkes Mr Peggie also said:
“The team at Wilkes consistently provide a quality service which is both pro-active and pragmatic. Their expertise in these types of transactions was most valuable in getting the deal done to the satisfaction of all parties involved. We look forward to continuing our relationship with Wilkes as our business continues to grow”.
Rick Smyth, Corporate Partner, said:
“We were delighted to work with David and his team on this second acquisition. Our aim is to build long-term, trusted advisor relationships with our clients and our continued involvement with PPS is another example of exactly this.
PPS has enjoyed continued growth in its 15 year history, and now employs more than 150 people across its sites in the Midlands, Grimsby and Kirkham. The company provides cost effective and environmentally friendly returnable plastic packaging solutions across the UK, Europe and Iceland. PPS moves 25 million boxes a year for customers including retailers, food processors and the automotive industry.
For more information on how the team at The Wilkes Partnership can help your business, please contact Rick Smyth on 0121 233 4333 or via email on [email protected]