October 5, 2023

RWK Goodman advises shareholders of Paper Bag Co. on acquisition by Rawlings Group

RWK GOODMAN press release

RWK Goodman is pleased to announce its advisory role in the acquisition of Paper Bag Co. by Rawlings Group, a significant milestone in the history of both companies. The acquisition brings together two prominent players in the packaging industry, uniting their shared commitment to sustainability and innovation.

Paper Bag Co., headquartered in Westbury, Wiltshire, emerged as the UK’s foremost supplier of bespoke and wholesale paper bags. With an impressive client roster of big brands as well as many independent brands, Paper Bag Co. has long been celebrated for its dedication to eco-friendly, FSC-certified packaging solutions.

Rawlings Group, based in Bristol, boasts a rich heritage dating back to 1850 when they began recycling beer bottles for breweries. Today, Rawlings Group is the largest independent glass packaging supplier in the UK and is known for its unwavering commitment to sustainability and environmentally conscious packaging solutions.

The acquisition of Paper Bag Co. by Rawlings Group marks an exciting milestone in the packaging industry, uniting two like-minded companies committed to sustainability. Together, they will continue to make a positive impact on the environment and serve their clients with cutting-edge packaging solutions.

The transaction team at RWK Goodman was James Worrall (Corporate), Yasmine Qasim (Corporate), Tim Gofton (Employment) and Layla Banfield (Real Estate).

Founder and Managing Director of Paper Bag Co., Jon Marling, commented:

“Rawlings Group was the perfect option to continue our journey on a larger platform. The Rawlings team’s ethos and purpose are very much aligned with ours, and we are looking forward to developing our people and growing our positive impact synergies in the future.”

Corporate Solicitor at RWK Goodman, Yasmine Qasim commented:

“It has been a privilege to play a part in facilitating the acquisition of Paper Bag Co. by Rawlings Group. This transaction exemplifies the power of collaboration in the pursuit of sustainability and innovation in the packaging industry. We are proud to have provided expert legal advice to the shareholders of Paper Bag Co. throughout this process, and we look forward to witnessing the continued success and positive impact that this union will bring to the world of packaging.”

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