Recycling specialist Cromwell Polythene is expanding its operations following the purchase of Moorgreen Flexible Packaging from Duo Plastics Limited.
The sale was made to Vickers-Lee Holdings Limited, owners of Cromwell Polythene, and will enable all parties involved to enhance their sustainable solutions for customers.
Moorgreen Flexible Packaging, based in Alfreton in Derbyshire, recycles and manufactures polythene, film, bags and sacks from both recycled and prime virgin polythene.
James Lee, Cromwell’s Managing Director, said: “This is another exciting chapter in helping our customers reach their resource efficiency goals. We have enjoyed a good business relationship with Moorgreen for over 20 years and always admired their recycling, film extrusion and print capabilities, flexible lead times and competitive pricing.”
Anthony Brimelow, Commercial Director at Duo UK, added: “We have seen a significant increase in client demand for products using recycled polythene to create more sustainable packaging solutions. To handle this increase in demand, the business made the decision to sell its partner company, Moorgreen Flexible Packaging in Derbyshire to Cromwell Polythene, and will invest the funds from the sale into the expansion of our site in Manchester to accommodate the new machinery.”
Whilst the trading name will change to Cromwell Plastics Recycling, the Moorgreen business will continue to trade as previously, with the transfer of all business interests from Duo. All staff have been retained and some new jobs will be created with the addition of new conversion lines for bag-making.
