Filtrona on Friday announced its acquisition of BP Labels, a UK manufacturer of high quality, creative and secure self adhesive labels.

Fitrona, a leading supplier of speciality plastic and fibre products, has acquired BP Secure Solutions Ltd. and Summercombe 110 Ltd., the holding company of BP Labels Ltd. Based in Cardiff, United Kingdom, BP Labels is a manufacturer of high-quality, creative and secure self-adhesive labels for the pharmaceutical, healthcare, cosmetic and food and drink markets, often providing these labels as part of an authentication solution.
“BP Labels is highly complementary with Filtrona’s Coated & Security Products division, sharing a focus on providing consumer products companies with value added packaging and security solutions through maximising the use of technologies, systems and production capabilities,” said Filtrona in a press release. Filtrona’s Coated & Security Products Division includes both Payne Tear Tape and Payne Security.
The consideration for the acquisition is up to a maximum of GBP 4.5 million, subject to customary adjustments, payable in cash to the family and employee shareholders of the acquired companies. (ci)