LONDON, May 30, 2013 /PRNewswire/ --
Sovereign Partners Ltd, a leading food packaging supplies firm to the coffee and food to go industry, today announced they are acquiring Cap-It-All Ltd, the leading supplier of disposable lids for the foodservice sector and its wholly owned subsidiary Goodlife Eco-Friendly Limited.
Barbara Feldman, Managing Director of Sovereign, said, "We are very excited about this announcement. The combination of Cap-It-All with Sovereign is a perfect fit for our company. It is important to us to expand our range of quality products 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.
"We anticipate a quick and seamless integration of our two businesses over the coming months. Geoff Page will be staying on and working with us very closely over the next few months to ensure this is the case.
"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. We have many years of experience in working in branded packaging and we understand the importance of this to our customer base. We look forward to combining Cap-It-All's quality products with our range and expertise to continue to deliver first-class products and services to all our customers."
Geoff Page, managing director of Cap-It-All, said, "After over forty years in the packaging industry and nearly 20 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."
Cap-It-All's business will immediately be renamed to Sovereign Partners Ltd and the businesses will be operated as a single operation as of Thursday 23 May 2013. The Goodlife® brand will become a wholly owned brand of Sovereign.
SOVEREIGN PARTERNS LIMITED
Founded in 1994, Sovereign Partners Ltd is a leading distributor of take-out packaging for the coffee and food to go industry.
For more information on Sovereign please visit our website http://www.e-2go.net/
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SOURCE Sovereign Partners Ltd