Grabor recently launched a patented dual chamber bottle. It is a unique design which will allow customers to fill two separate liquids into one bottle. It is believed it can be used for a number of applications.
The business of Grabor will form part of Polimoon Packaging Ltd. located in Beccles, UK. It is expected that the business will be fully integrated by end of August.
Grabor has expected annual sales close to 3 million GBP per year and will make a positive contribution to Polimoon.
I am pleased to announce the acquisition of Grabor. It is a brand which has been under stress for some years. Under the ownership of Polimoon we should be in a position to develop the business positively, says President and CEO Arne Vraalsen.
Polimoon consumer packaging constituted 47% of Polimoons sales in 2004, making it the largest business area of the Group. Polimoon has strong expertise and experience in all of the key technologies used within consumer packaging, and services a range of well-known and leading customers with strong brand names.