MP Packaging is part of Magna Parva, a UK based advanced engineering and research and development company, and Rexam has taken an equity stake in the firm.
Magna Parva has built an IP portfolio since its formation in 2005 and Rexam says the joint venture will enable it to harness the specialist expertise gained in the company’s aerospace and defence sectors and apply this to the can making business.
The technology pipeline for MP Packaging is looking at disruptive technologies in metal forming to further drive lightweighting and reduce energy consumption during manufacture.
Dr Lisa Carroll, director of technology at Rexam, added: “The new partnership will be a key element in our plans to ensure Rexam is at the forefront of can making and that we can support our customers in their need for cost effective, innovative and sustainable packaging.”
Andrew Bowyer, commercial director of MP Packaging, added: “We are confident that by leveraging our experience from other design and manufacturing environments, our engineers can deliver game changing solutions.”
