Following a management buyout, Rexam Closures & Containers, UK has been re-launched under its former name - Cope Allman Plastics Packaging.
The company, which supplies packaging to the healthcare, Pharmaceutical, chemicals and beverage markets specialise in child resistant and tamper evident closures.
Cope Allman will continue to focus on best-practice manufacturing, while the management board will consist of managing director John Sidnell, finance director Ian Winkfield, operations director Peter Darlington, technical director Alan Moulton., and logistics and IT director Peter Teague.
John Sidnell commented: "When Rexam plc spoke of divesting Rexam Closures & Containers our management team united in an intent to buy the business. We are focused on bringing existing projects to fruition and will continue to develop fresh ideas meeting the evolving needs or our marketplace.
"We are fortunate in our location, which has given us access to a high-calibre workforce, and an excellent facility affording space for continued expansion. In particular, we will continue to exploit the skills of our New Product department, our key differentiator with expertise in design innovation which has already brought us £6 million in new business.
"Our objectives remain to continue our support for UK manufacturers in out target sectors, to build on a vigorous European market which currently represents a third of our revenue, and make further inroads into the global pharmaceutical and healthcare market."