IPS, the UK’s market leading co-packing business has announced an agreement to take over FoodPack Limited as from Monday 3rd December 2018. The terms of the agreement, including consideration, have not been disclosed.
IPS is already the market leader in co-packing and by acquiring FoodPack its expanded business is significantly extending the company’s overall service offering. FoodPack operates from an 80,000 sq. ft. facility and 9 acre site in St Helens Lancashire and employs over 150 staff. Turnover in 2018 is over £14 million.