PPS Equipment Systems Limited acquires GW Containers
The industrial products team at Transcend Corporate, led by Ian Curtis, has advised PPS Equipment Systems Limited, a leading supplier of returnable packaging services, on the acquisition of GW Containers the UK’s top distributor of plastic fish boxes and insulated containers to the fishing and animal by-products industries.
PPS has enjoyed continued growth in its 15-year history and now employs more than 150 people across sites in the Midlands, Grimsby and Kirkham, moving 25 million boxes a year for customers including retailers, food processors and the automotive industry.
David Peggie, CEO of PPS, said: “We have 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.”
Ian Curtis, Partner at Transcend Corporate, commented “We are delighted to have been able to assist PPS in this strategic acquisition, capitalising on the growth capital which we recently raised for PPS from Business Growth Fund.”