According to Southgate, suppliers of a comprehensive range of quality and innovative packaging equipment and consumables to the packaging distributor trade, Tenza perfectly complements the company’s current portfolio, and will be extended to cover a wider range of related packaging products.
It is also the latest of several key acquisitions made by Southgate. In 2012 they bought the UK operation of strapping company Jaeger Packaging, to be followed in 2013 by the purchase of Acculyte, whose Stickfast hotmelt glues and glue applicator brand has now been successfully incorporated within the Xtegra brand of security packaging products.
Commercial director Charles McIntyre said the acquisition coincides with the imminent completion of another strategic purchase that will support the group’s vision to be “the principal and first-choice provider of packaging solutions to distributors, known and trusted for exemplary service and high quality, innovative products that provide exceptional value.”
