Constar UK, once part of global packaging firm Constar International Holdings LLC, has a new owner.
Leeds, England-based Esterform Packaging Ltd. bought the blow molder in a move that will double its PET preform capacity to 3 billion units per year.
Esterform already calls itself the largest independent converter of PET in the United Kingdom, making 1.5 billion performs from plants in Tenbury Wells and Leeds, England. Constar will add another 1.5 billion units from its plant in Leeds.
“The two companies manufacture very similar products with a good deal of duplicate tooling, so it makes perfect sense to merge Constar into the Esterform group,” said Esterform founder Mark Tyne said.
The Constar UK deal comes hot on the heels of Esterform's recent announcement to invest 8 million pounds ($12 million) into state-of-the-art manufacturing technology.