UK-Based LINPAC Materials Handling today announced that it has completed the purchase of Allibert-Buckhorn, the French-based company.
The two European organisations have strong brand identities and ideally matched product ranges. Combined, they create a single company with a substantial presence throughout Europe in materials handling equipment and related services.
LINPAC Group’s Chief Executive, Mike Arrowsmith said: “These are exciting times. The merger brings together two companies that complement one another and that share the same strong values and customer service ethos”.
LINPAC Materials Handling and Allibert-Buckhorn will continue to trade as two separate companies for the coming months. The process of forging the companies into a single entity has begun and will continue as a matter of highest priority. It is intended that the two companies will be trading as one as early as possible. The headquarters of the combined operation will be located in Nanterre, France, with immediate effect.
Laurence Tanty, Managing Director of LINPAC Materials Handling and appointed to be Managing Director of the combined business, said: “Now we can integrate our two companies, building upon the strengths of each and uniting our considerable talent and knowledge, to deliver quality, innovative products and services to our customers. Our alliance will cement the prosperity of our combined entities.”
LINPAC Materials Handling
LINPAC Materials Handling is part of the ÂŁ1bn plus LINPAC Group, formed in 1959. Its principle activities are in the plastic returnable materials handling products and services used predominantly in the food, retail, automotive and beverage markets.
LMH was behind the new shelf-ready system installed by Tesco, which accelerated Tesco’s bakery replenishment. LMH’s retail customer base includes Tesco, Asda, M&S, Sainsbury and Somerfield.
LINPAC was bought from the founding family shareholders in August 2003 through a management buy-out backed by Montagu Private Equity