Case Study

Smart Packaging

Smart Packaging, an established provider of packaged solutions and consumables to a regional SME and blue-chip client base, operating out of its Bristol site.

Smart Packaging has historically held a positive position within the packaging sector. As an owner / managed business Smart Packaging had reached a plateau and were ready for new ownership to take the company forward.

Smart Packaging was an obvious fit to the developing Packaging Group of companies already established by Goonvean Group in terms of scale, capacity and skill set.

Investment type:
100% share capital

Amount invested:
TBD

Date of investment:
February 2024

Solution

Following progressive discussions with the Smart Packaging owners and their advisors, an agreement was reached for RH Fibreboard (supported by Goonvean Group) to the acquire 100% ownership of the share capital.

Outcome

From the very first day, the Smart Packaging team felt at home.

The new inclusive and supportive approach meant that the team felt reassured and excited by the future. The business has operated extremely well on all levels and has added a significant level of expanse for the Packaging Group.

“We have to admit that when hearing that RH Fibreboard (supported by Goonvean Group) were to acquire Smart Packaging we were feeling somewhat nervous. We had worked for the owners of Smart for many, many years and we had only known RH as a competitor. However, it was immediately obvious to us all that we are in safe hands, with a likeminded approach to operations and an eagerness to succeed. We are all very positive about the future of the company.”

Matt Walker
Commercial Manager, Smart Packaging

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