Langley Holdings PLC today announced that it has acquired the business and assets of Bradman Lake, the integrated packaging technologies group.
Based in the UK with a US subsidiary, Bradman Lake produces integrated cartoning, wrapping and end of line packaging systems for many of the world’s leading food companies.
The Bradman Lake group employs around 300 people world wide and has annual revenues of about €50 million.
Langley Holdings is a privately owned UK based engineering conglomerate providing capital equipment technologies and services to diverse markets around the world. The Langley group employs around 2500 people world wide with revenues for 2007 of about €0.5 billion.
Langley has grown considerably since the end of the 90’s from primarily a UK engineering business into a globally operating concern by virtue of key acquisitions in Germany, France and the UK. The group already has three subsidiaries in the US with others in Europe, Australia and the Far East.Each of the group's divisions is a market leader in their particular field, providing advanced technologies in a solutions based approach.
About Bradman Lake...
Bradman Lake (www.bradmanlake.com) produces integrated cartoning, wrapping and end of line packaging systems for many of the world’s leading food companies from two locations in the UK (East Anglia and Bristol) and one location in the US (Charlotte, NC) and employs around 200 people in the UK and around 60 in the US.
In October 2007 Bradman Lake was acquired by Langley Holdings PLC, the diverse UK based engineering group.
About Langley Holdings...
Langley Holdings PLC (www.langleyholdings.com) is a diverse, privately owned, UK based engineering group. The group specialises in capital equipment technologies which are either outright leaders in their field or key niche players. Its principal operating divisions are located in the UK, Germany and France and the group has a network of world wide subsidiaries.
Unusually for a private company, Langley publishes its IFRS accounts on its website and in the year to December 2007, consolidated over 40 trading companies in 17 jurisdictions to report operating profits of €53.6 million on revenues of just under €500 million. The group is debt free and employs around 2500 people globally.
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