24 July 2026
AIM: MPAC
Mpac Group plc
(''Mpac'', "the Company" or "the Group")
Completion of Sale of Mpac Lambert Limited
Mpac Group plc, a global leader in high-speed packaging and automation solutions, today announces completion of the sale of Mpac Lambert Limited ("Lambert") to Mech.i.Tronic S.p.A, in line with the timing announced on 8 June 2026.
Adam Holland, Chief Executive Officer, commented:
"Completion of the sale of Lambert is an important step for Mpac, aligning the Group towards scalable, full-line packaging machinery solutions. The proceeds from the sale deliver a significant reduction in net debt for the Group.
I would like to take this opportunity to thank the Lambert team for their hard work, professionalism, and customer focus, meticulously exemplified during this transitional period, and wish the team every success under their new ownership."
For further information, please contact:
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Mpac Group plc Adam Holland, Chief Executive Duncan Tyler, Interim Chief Financial Officer |
Tel: +44(0)24 7642 1100 |
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Shore Capital (Nominated Adviser & Broker) Advisory Patrick Castle Sophie Collins Broking Henry Willcocks |
Tel: +44(0)20 7408 4050 |
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Panmure Liberum (Joint Broker) Edward Mansfield Will King Jamie Anderson |
Tel: +44 (0) 20 3100 2000 |
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Tavistock Nick Dibden Katie Hopkins Grace Cooper |
Tel: +44 (0) 20 7920 3150 |
Notes to Editors:
Mpac (AIM:MPAC) is a global leader in engineering and technology, designing, precision engineering, manufacturing, and supporting high-speed packaging machinery and end-of-line solutions.
Mpac serves 80 countries across four key regions around the world including the Americas, EMEA and APAC. The Company operates in the attractive growth markets of Food & Beverage and Healthcare. These targeted markets boast significant growth opportunities.
Through its four product lines - BCA, Langen, Switchback, and CSi - the Company provides Original Equipment and Services for automated high-speed packaging, from assembly of products through to case packing and palletising. Mpac's service offering ensures a stable and recurring revenue after the sale of Original Equipment.
Mpac is a people-driven business. It employs more than 1,000 colleagues around the world including more than 500 dedicated global engineers and designers. The business is underpinned by Mpac's key strategic pillars, including innovation, which remain fundamental to the Company's long-term sustainable growth.
Mpac is headquartered in Coventry, UK and operates sites in the US and Mexico, Canada, the Netherlands, Romania, Malaysia and Singapore.