Vanguard’s takeover pours new life into cup maker
A Lancashire-based manufacturing firm is set for expansion following a takeover.
Forbes Solicitors’ corporate team advised Vanguard Vertex on its full acquisition of TPCC Holdings Limited, owner of The Printed Cup Company and The Paper Cup Company.
Employing 30 staff across the UK and China, TPPC supplies bespoke branded cups and even ventilator products to healthcare clients across the UK and Europe.
Bosses say the deal secures a business with nearly two decades of experience producing paper and recyclable plastic cups, food pots and accessories from its 15,000sq ft facility in Clitheroe.
They add that Vanguard Vertex plans to grow the product range and push turnover beyond eight figures.
Oliver Alcock, founder of Vanguard Vertex, said: “There’s vast opportunity to expand the supply of paper-based and recyclable plastic food and drink containers.
“Cafes, coffee shops, takeaways and bars, as well as festivals and events are looking for sustainable and circular ways to serve customers.
“We are well positioned to meet this demand.
“The company has a strong history of manufacturing bespoke cups and the ability to meet the demands of operators of all sizes.
“The TPPC management team were very helpful and supported a smooth acquisition.
“We’re now very much focused on innovation and strategies for expanding our product ranges.”
Gemma Catlow, legal executive at Forbes Solicitors, added: “Vanguard Vertex prides itself on providing business owners with a straightforward, clearly defined exit, which respects everyone’s goals.
“We were able to work closely with the TPPC management team and their advisers to achieve this.”
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