date:May 08, 2012
id the acquisition was a continuation of its growth strategy by consolidating its operations across all three of its operations case packing, shrink wrapping and palletizing.
The buyout will see the firms workforce expand to almost 800 and boost its turnover to 120m a year.
The Newtec business unit would be integrating into Cermexs existing structure creating a trio of expertise centresin France; case packing in Corcelles-ls-Cteaux, shrink-wrapping in Lisieux and palletizing in Saint-Lauren