Second MBO at John Hampden Packaging

The management of John Hampden Packaging has completed a secondary MBO of the 12m-turnover textile packaging manufacturer.

The team raised 2.6m of acquisition and working capital finance to buy the shares held by Gresham Trust, which financed its original MBO in 1991. It was helped by Grant Thornton Corporate Finance.

Last year, the Heanor-based company expanded into food, games, gift and pharmaceutical packaging.