ASC Cartons
Investee biography:
ASC Cartons was established over 40 years ago and specialises in the creation of high-quality corrugated boxes for a wide range of applications across the UK.
The firm operates from a 50,000sqft site and produces bespoke boxes to meet the exact sizing requirements of customers’ needs to reduce costs and waste. Reduced waste and the fact that over 90% of cardboard used in the UK is recycled means that cardboard offers significant environmental benefits over other packaging solutions available.
Customers include both large corporate accounts and smaller consumer accounts that ASC is able to service through its website that is fully integrated with its modern production facilities – customers who require additional support and more complex packaging are serviced by a team of experienced account managers.
Deal Summary
- Investment amount: £2.1m
- Transaction: MBI
- Location: Yorkshire and Humber
- Sector: Manufacturing
Investment Director
FDC Investment:
FDC provided the Bradford-based box manufacturer £2.1million investment in 2022, to part fund a management buy-in (MBI). The MBI saw GIL Investments and Chairman of Sandland Packaging Limited – Robin Welch, take the helm of the bespoke box manufacturer, Celia McKrieth-Deane moving into the role of Commercial Director & Ashley Power joining the board as Operations Director. Both Andrew Woodhead & Karl Wilson remained with the business in advisory roles.
