PLASTIC packing manufacturer Linpac Group has sold Castleford-based Linpac Recycling and four other unrelated business units to Chamonix Private Equity. 2
The businesses concerned are Linpac Storage Systems, Linpac Environmental, Linpac Recycling, Intellident and Linpac Metal Decorating.
John Darlington, executive chairman of Linpac Group, said: "We have sold five non-core business units, and are using the funds to pay-down debt."
Ernst & Young were lead advisor to Linpac.