Wednesbury-based Quantum Print & Packaging is set for a big year following its acquisition by the succession focused investment company, Continuance Capital.
Established in 2005 after the merger of EW Box and Holmes Printers, Quantum manufactures printed and plain carton packaging from its 30,000 sq ft factory, supplying customers across the UK, from brand new start-ups to historic household brands. Recent projects include supporting a shift to machine pack boxes for high growth Hip Pop, gift boxes for exciting start up Salford Rum, and continued support for Grenade’s shelf ready packaging.
The acquisition, which was supported by funding from Allica Bank, will enable Quantum to build on the strong foundations already in place, growing alongside customers, supporting new partnerships, and exploring strategic opportunities that can accelerate Quantum’s position in the market. The management team remains unchanged, with former Managing Director Giles Foden continuing to play a central role in the business and with customers.
Left to right: Andy Sutton (Allica Bank) and Owen Newton-Hill (Continuance Capital).
Owen Newton-Hill from Continuance Capital commented, “Quantum represented an exciting opportunity because it operates in a resilient segment of the market, with an experienced team known for delivering exceptional service, and a longstanding customer base that truly values the partnership.”
Amy Beasley, Regional Growth Finance Lead at Allica Bank, added, “Quantum Print & Packaging is a perfect example of a local West Mids business with big, national ambition. The flexible growth finance funding we provided to Continuance Capital enabled the acquisition and supports Quantum’s growth plans, while also keeping jobs and production firmly in the area. It’s fantastic to see Owen, Giles and the team building on their success and continuing to innovate in the packaging industry.”
