Switchback is now part of Mpac!
Author Lucy Moreira
We are pleased to announce that Switchback Group has been acquired by Mpac Group plc (“Mpac”).
Mpac is headquartered in the United Kingdom, is listed on the London Stock Exchange and is a provider of packaging machinery and automation solutions to the food and beverage, healthcare and pharmaceutical markets. Mpac has approximately 500 employees with principal locations in the United Kingdom, the Netherlands, Canada and Singapore. The business has a long and proud history of delivering innovation and excellence on a global basis. The acquisition represents a compelling fit with Mpac’s strategic intent of being a market leader in the provision of full-line packaging solutions for the pharmaceutical, healthcare and food and beverage sectors.
Mpac will continue to support Switchback’s strategic growth plans and talented staff, providing access to Mpac’s resources and global sales and service network as well as providing further investment to enable growth. Dave Shepherd will remain as President of the Company to lead Switchback in the next phase of its growth journey. The acquisition provides our customers with access to a broader range of packaging machinery and automation solutions, including developing digital solutions that Mpac has been introducing recently, including to provide its customers with enhanced capabilities during the COVID-19 pandemic.
The range of products offered by Switchback gives further breadth and depth to Mpac’s cartoning and end of line solutions. Switchback will provide a platform to further build Mpac’s business in the USA giving access to a wider customer base and the opportunity to provide Mpac’s existing customers with a wider range of productivity solutions as the industry trends towards lower volumes and higher variety.
We are very excited by the opportunities presented by Switchback joining the Mpac Group and will continue to provide updates on future developments in the coming months!