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Paragon Group, the leading provider of Customer Communications, Identification, Graphics Services and Office Services, has announced the acquisition of Dean Packaging- a UK manufacturer and distributor of packaging materials.
With highly complementary activities and customers, the acquisition of Dean Packaging will contribute to Paragon Group’s continuing strong growth in the packaging sector, building on both the 2020 acquisition of Trenton and the organic growth of packaging across the Group.
Dean Packaging provides a full-service offering to its customers, bringing concepts from ideation through to full supply chain management. Dean Packaging, like the existing Paragon Packaging business, is passionate about creating sustainable, paper-based alternatives to single-use plastics. The business operates from a substantial supply chain facility in South Wales.
Ian Kennedy and Iain Paget will continue to lead the Dean Packaging team, and, with the support of the Trenton team, they will look to accelerate their growth and expand their service offering to Paragon’s customers.
John Rogers, Executive Director of Corporate Development, Paragon Group, commented: “Paragon Group intends to continue its acquisitive and organic growth in packaging in the UK and across Europe to help strengthen its customer offering and broaden its range of solutions, in line with the Group’s Buy, Build and Grow strategy”.
Ian Kennedy and Iain Paget, Dean Packaging, said: “Becoming a part of Paragon Group provides Dean Packaging with a great strategic alliance, this also provides us with a long-term platform for growth. This allows us to provide a first-class service to the whole of the marketplace. We are very much looking forward to seeing what the future holds.”