We are pleased to announce that we have acquired Customised Packaging Limited for a net consideration of £1.25 million. CPL designs, supplies and manufactures plastic products, using top-of-the-range sheet extrusion technology and vacuum forming capabilities to its network of blue-chip customers.

Manchester-based CPL will continue to operate from its existing premises, only 10 miles from our Wythenshawe facility.

Joe Grimmond, Executive Chairman of the Coral Group commented:

'The acquisition of CPL is a significant milestone for Coral as it expands further the Group's market coverage and product range. '

For more information on Coral and CPL, please visit the following websites: www.coralproducts.com & www.customisedpackaging.co.uk.

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Coral Products plc published this content on 02 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 16:01:02 UTC.