Birketts has advised the shareholders of Coda Plastics Ltd and its parent company, Campbell & Tate Ltd, on the sale of the business to the Newship Group.
Founded in 1973, Coda Plastics has grown into a leading UK manufacturer of plastic packaging solutions, serving a wide range of industries including food and drink, household, and healthcare.
The sale marks a significant milestone for the Tate and Campbell families, who have overseen the company’s development and expansion over several decades.
The Birketts team was led by Ed Savory (Partner, Corporate), supported by Macauley Alsford White, Lucy Sao and Katherine Barnes (Corporate), Andrew Ridout and Andrea Baillis (Property), Ryan Smith and Robbie Watson (Tax), and Jonny Shuster (Employment).
Commenting on the transaction, Ed Savory said: “We are delighted to have supported the Tate and Campbell families on this important deal. Coda Plastics has built a strong reputation in the packaging industry, and this transaction represents an exciting new chapter for the business. It was a pleasure to work alongside our clients and help them achieve a successful outcome.”
Speaking on behalf of the shareholders, Nicholas Tate added: “This is a landmark moment for our families and for Coda Plastics. We are proud of what the business has achieved over the years and grateful to Birketts for their expert guidance throughout the process. Their support was invaluable in navigating the complexities of the sale.”
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