An update on the COSi debacle.
The Maesteg site has now been bought out by the Dutch Company Budelpack.
Budelpack site announcement
BBC news Wales announcement, which goes around the “Not for Publication on the Budelpack site”
IIRC Budelpack are not a stranger to South Wales, as they used to have a plant in Hirwaun. It unfortunately caught fire.
Twice…
Chris Moerkerken, chief executive of Budelpack International said the acquisition was “strategically interesting” as it would “enhance our product and service portfolio, strengthen our position in the personal care market, and add new strategic relations.”
Historically Budelpack has a habit of buying up unwanted manufacturing plant around Europe, but if I was a COSi employee, I’d be keeping my CV up to date.
Just to be on the safe side you understand
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