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Incodia International has begun a formal consultation regarding the potential closure of its Colchester site
The future of Incodia International’s Colchester site is under review less than a year after being acquired.
Woodberry Packaging Group acquired Incodia International in February of this year however, Mark Kerridge of Woodberry explained that despite the team’s best efforts, the Colchester manufacturing site is not proving to be profitable to the Group.
“Naturally we are saddened to be consulting with colleagues regarding the potential closure of our Colchester site, but I would like to reiterate that no decisions have yet been made,” Kerridge adds.
The consultation process is expected to take at least 30 days and in this time, any other feasible alternatives to closure will be explored.
It is solely the Colchester site under consultation with all other Woodberry Packaging companies operating as usual with the wider Group remaining profitable.
In July, Woodberry extended its card capabilities with the acquisition of Precision Card Services.
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