FDBusiness.com

Foodservice packaging distributor Sovereign Partners has acquired leading lid supplier Cap-It-All as it looks to grow its distribution channels and sustainability credentials.

London-based Sovereign supplies many high-street foodservice outlets with a wide range of packaging products such as paper and plastic cups, boxes, trays and more.

Cap-It-All, meanwhile, is based in Warrington and specialises in supplying lids for foodservice packs.

Following the deal,Cap-It-All will be rebranded under the Sovereign Partners name while Goodlife Eco-Friendly, a subsidiary of Cap-It-All, will become part of the Sovereign set-up.

Sovereign managing director Barbara Feldman said the acquisition was a “perfect fit” and would allow it to expand both its range and customer reach.

“We will be able to combine Cap-It-All’s strengths in the specialist lid and environmentally friendly areas of packaging with our general ranges and far-reaching distribution channels to bring their great products to the widest audience.”

Geoff Page, Cap-It-All’s managing director who set up the company in 1995, is to stay on at the business in the coming months to oversee its integration.

He said: “After over forty years in the packaging industry and nearly twenty years since starting Cap-It-All now is the right time for me to move on.

“I can’t think of a better fit for the business than Sovereign and I have every confidence they will continue to provide our customers with excellent service and product innovation.”

Feldman added: “We intend to continue the fine work Geoff has done over recent years in developing, innovating and delivering modern, environmentally friendly packaging under the Goodlife® brand.

“Cap-It-All is, of course, also synonymous with providing high quality lids for a wide range of products that serves to enhance the product and the customers’ brand.”