Business
RPC Group: a historyJosh Brooks, 2 July 2008Be the first to comment on this article After RPC announced record results and silenced its critics, we track the 17-year history of the firm. 2008 Announced strategic review in response to ongoing shareholder concerns about share price. Reported record sales of £695m 2007 Bought DM Plast in Slovakia, Raytec in the Netherlands and Mob in France. Closed Thornaby and Hereford sites in UK 2006 Bought two of Crown Group’s Risdon facilities, one in France and one in Italy. Also acquired Barplas from the Barghout family in Bradford 2005 Opened factory in Morgantown, Pennsylvania, to produce Tassimo coffee discs for North America 2004 Acquired four factories from Rexam; at Hereford in the UK, and one each in France, Belgium and the Czech Republic. Also bought seven factories from Nampak, including Plenmeller and Llantrisant in the UK 2003 Opened new factory in Romania 2002 Opened new factory at Old Dalby in Leicestershire 2001 Bought Polish thermoforming business from Autobar 2000 Bought sites in the Netherlands and Poland from European Packaging Holdings, as well as plants in Germany and the US from Czewo Holdings 1999 Purchased Cobelplast-Montonate sheet business in Italy and Cresstale cosmetics packaging business in UK 1997 Bought Continental Plastics Europe (CPE) from Schmalbach Lubeca 1994 Acquired Market Rasen and Halstead factories from McKechnie, UK 1993 Flotation of RPC Group on London Stock Exchange in May 1991 Management buyout of five UK rigid plastics packaging companies from SCA Speak Your Mind |
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RPC deserves credit, not criticism, from investors