# Groupe Guillin signs deal to buy Etimex's UK CPET packaging business

Groupe Guillin's UK subsidiary Sharpak Bridgwater signed an exclusive agreement to acquire Etimex Primary Packaging's British CPET packaging production and sales business, with a closing expected by end of September 2018. The business has annual revenue of about EUR 6 million.

- Type: Acquisition
- Announced: 2018-06-28
- Where: Bridgwater, United Kingdom
- Status: announced
- Products: CPET food packaging, ovenable food trays
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Groupe Guillin](https://endata.com/companies/3502.md) (acquirer)
- [Etimex Primary Packaging](https://endata.com/companies/3503.md) (target)

## Sources

- [combourse.com](https://www.combourse.com/Societe/GROUPE_GUILLIN_ACHAT_ACTIVITE_CPET_UK_ETIMEX_BP__GB0007980591__2374017.html), 2018-06-28: "Sharpak Bridgwater Ltd. a signé ce jour avec la société allemande Etimex Primary Packaging GmbH un accord exclusif pour l'acquisition de son activité britannique"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.