# CPS Flexible and Mercury Packaging merge to form £16m packaging group Quicksilver

Leicester-based CPS Flexible and Kirkby in Ashfield-based Mercury Packaging merged under a holding company, Quicksilver, creating a £16m flexible packaging group that will keep both brands. The deal was reported on 5 March 2017.

- Type: Acquisition
- Announced: 2017-03-05
- Where: Leicester and Kirkby in Ashfield, United Kingdom
- Value: $20.0M (16.0M GBP)
- Status: completed
- Products: flexible packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [CPS Flexible](https://endata.com/companies/1051.md) (partner)
- [Mercury Packaging](https://endata.com/companies/1052.md) (partner)
- [Quicksilver](https://endata.com/companies/1053.md) (partner)

## Sources

- [thebusinessdesk.com](https://www.thebusinessdesk.com/eastmidlands/news/13993-packaging-firms-merge), 2017-03-05: "Two East Midlands packaging firms have merged in a deal that will form a £16m company."

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