PPB's base at Cross Green in the North East of Leeds.
PPB's base at Cross Green in the North East of Leeds.

Leeds manufacturer creates £30m turnover group with acquisition of plastics business

PPB Ltd, the Leeds-based manufacturer and distributor, has completed the acquisition of N E Plastics Ltd.

The deal, supported by law firm Shulmans LLP, will take the group turnover to over £30m and support its existing paper-based products business, industrial plastics unit and Westland digital display portfolio.

The purchase will introduce both NE Plastics and PPB’s customers to new products, services and further business opportunities in the South of England.

The acquisition comes a year after PPB moved to a specifically converted warehouse and office premises at Cross Green in the North East of Leeds, including the relocation of its in-house sheeting and re-rewinding equipment.

The move in March 2017, which was also supported by Shulmans LLP, increased its capabilities and storage to over 60,000 sq ft of warehouse space and represented a total investment of £3.75m.

Richard Proctor, director of PPB Ltd, said: “We are delighted to welcome NE Plastics to the PPB family. NE Plastics is a great business with a reputation for good service and honest dealings.

“This acquisition will allow customers to benefit from a wider choice of products and services, including state of the art conversion facilities. Stock levels and servicing will be enhanced by our national distribution network serviced by a new fleet of vehicles.

“Customers can be assured that it is business as usual, but with the ongoing security of dealing with a larger scale business that is investing in this growing sector.”

Marcus Armstrong, partner at Shulmans LLP, added: “Richard and the team have created an impressive business model at PPB which they continue to grow with this latest acquisition.

“The deal represents a commitment to expanding its operations in the south and is also helping to safeguard skilled jobs in the region.

“Having worked with PPB for some years now, Shulmans is delighted to see PPB go from strength to strength and become synonymous with high quality manufacturing and distribution within the sector.”

Our Partners