The Coated & Security Products Division of Filtrona plc ("CSP"), which includes both Payne Tear Tape and Payne Security, is pleased to announce that it has today completed the acquisition of BP Secure Solutions Limited and Summercombe 110 Limited, the holding company of BP Labels Limited (collectively referred to as "BP"). This represents a significant expansion in the label capability of the division.
BP, based in Cardiff, United Kingdom, is a manufacturer of high quality, creative and secure self adhesive labels for the pharmaceutical, healthcare, cosmetic and food & drink markets, often providing these labels as part of an authentication solution. The business is highly complementary with CSP, sharing a focus on providing consumer products companies with value added packaging and security solutions through maximising the use of technologies, systems and production capabilities.
'The acquisition is consistent with Coated & Security Products vision to be the premier provider of creative and secure packaging, identity and security solutions to our customers and markets of choice", comments Tony Edwards, Divisional Managing Director of CSP.
'We believe we can deliver significant benefits from utilising our existing global commercial and operational footprint to access new markets for BP's products as well as from offering our existing packaging and security products and technologies to BP's current customers.'
"Everyone at BP Labels and BP Secure Solutions is excited about this acquisition", adds Andrew Wood, BP's Managing Director. "It is clear that the two businesses share a passion for delivering value adding innovation, quality and service to our customers and we very much look forward to developing our label and authentication offering on an international basis."
For press enquiries, please contact:
Fiona Robinson/Laura Browne, The Scott Partnership T: +44 (0)1477 539539. E: payne[.]scottpr.com.
Coated & Security Products is a part of Filtrona plc, the international, market leading speciality plastic and fibre products supplier. Operating as three companies - Payne, Payne Security & FractureCode - we provide creative and secure packaging, identity and security solutions to our customers and markets of choice and continually invest in our production facilities and quality procedures to ensure the highest standards of manufacture. Coated & Security Products operates from eight sites in seven countries worldwide and employs over 330 people.
Payne is recognised globally as the leading manufacturer and supplier of pressure sensitive tear tape and the pioneers of coated film products for the encapsulation and lamination of print and document authentication products. Payne Supastrip tear tape not only provides the convenience of easy opening of packaging for consumer goods, it is also the ideal medium to carry branding and communication messages or brand protection technology from Payne Security. Supported by an in-house design studio, R&D facilities and multi-million pound print facilities, Payne is positioned to deliver the very best in quality, service and reliability through its worldwide manufacturing and sales structure.
Payne Security (payne-security.com) is one of the world's leading companies in the fields of brand protection, document authentication and personal ID solutions. Overt, covert and forensic technologies can be applied to a wide variety of consumer goods, packaging, national identity documents and tax stamps using inks to lacquers, laminates to labels, tear tapes to threads. Payne Security's document authentication expertise gives a unique advantage in creating some of the most secure ID card (and other document authentication) solutions. From the latest Magicard ID card printers and sophisticated IDPro7 software to secure smart card production and volume fulfilment, Payne Security is able to meet all personal identification needs.
FractureCode based in Copenhagen, Denmark, is a specialist in providing end-to-end track & trace and Auto-ID systems, supported by a range of hardware and software products. Applications range from consumer products to secure documents, offering brand owners and governments a unique way to authenticate their products, enabling them to identify grey market channels and fight counterfeiting.
BP Labels located in St Mellons, Cardiff, BP Labels has set and met the very highest standards in quality label printing. Purpose built production facilities are accredited to ISO 9001:2008 including the requirements of Pharmaceutical Packaging Materials PS9000:2001 and incorporate the latest manufacturing technology.
A talented multi-skilled team focused on providing the very best customer care complements BP's superb working environment. Belief in building friendly, open and professional relationships is endorsed by BP's impressive client list that includes some of the world's leading manufacturers and retail companies.