Allied Glass has benefited by the market trends of premiumisation, sustainability and container size proliferation
Sun European acquires Allied Glass. Credit: Pixabay/729714
Sun European Partners’ subsidiary has completed the acquisition of Allied Glass for an undisclosed amount.
Based in Leeds, UK, Allied Glass manufactures glass packaging containers for premium spirits and food & drinks markets.
Allied Glass has two manufacturing facilities and a dedicated decoration centre in Yorkshire. The company focuses on both short and medium production run segment of the market, where flexibility, collaborative approach to innovation and high technical standards are valued.
Sun European Partners principal Chris Carney said: “Allied Glass is a market leader in its field with impressive technical capability and a flexible customer-focused approach that sets it apart in serving the high-growth premium segment of the spirits and drink market.
“The impressive Management team have been instrumental to the success of the business to date, and we look forward to working together with Alan and his team, whilst further investing in the business to support their continued development.”
Allied Glass reported 13% in sales growth in three years
Allied Glass is claimed to be benefitting from the market trend for premiumisation, sustainability and increased SKU/container size proliferation.
During the last three years, the company is touted to have doubled its customer base which includes craft manufacturers to larger organisations in the industry, delivering 13% sales growth.
Allied Glass CEO Alan Henderson said: “We are excited to be working with Sun European Partners as we look to take Allied to the next level. Our business is well-positioned within a growing market and Sun’s deep manufacturing expertise will be invaluable as we look to deliver on our potential.”
Sun European Partners is a US-based equity firm investing in manufacturing and packaging sectors.
In addition to owning subsidiaries that own Albéa and Coveris, two global leaders in the packaging industry, the subsidiaries of the company have completed over 50 acquisitions in this sector.
In October 2019, Sun European Partners agreed to acquire Vetrerie Riunite (VR), an Italian producer of technical glass and refractory rollers.