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NPP completes the acquisition of Food Processing Technology Irl Limited
David Duffy, Managing Director of NPP, welcomed the acquisition
NPP is delighted to announce the acquisition of Food Processing Technology Irl Limited (FPT). FPT, based in Tallaght, is a business with a 50 year history supplying a range of essential packaging materials primarily to the meat, fish and dairy sectors. The company is headed up by its Managing Director, Mark Connolly, and has a workforce of 7 people.
The addition of Food Processing Technology Irl Limited will bring the total number of NPP employees to 85, and with FPT’s revenue figure of €6m, this will enlarge NPP’s overall business by 10%.
David Duffy, Managing Director of NPP, welcomed the acquisition by saying, “FPT is a trusted key supplier to Ireland’s Food Industry and an excellent fit with NPP’s existing food contact business. With FPT, we further expand our product range of specialist materials to protect and extend shelf life. FPT has an impressive portfolio of customers and suppliers, and we are excited by the opportunity to further develop these relationships. We look forward to working with Mark and the entire team to build on FPT’s successes to date and to increase growth across the company.”
Mark Connolly, FPT’s Managing Director, said, “At FPT, we are looking forward to working together, developing and expanding our current product range alongside NPP’s high-calibre product portfolio. This acquisition represents an exciting time in the company’s history and provides a positive outlook for the future.”
FPT is a leading supplier of plastic, fibrous and collagen casings that are used to pack bacon joints and other cooked meats. The company also supplies a range of shrink bags, vacuum bags and laminate films.
For more information on NPP and their range of products and services, please visit their website: www.npp.ie
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