The administrators of Arrow Film Converters Limited are pleased to announce the successful sale of the business and certain assets to Coral Products Plc, through its wholly owned subsidiary Film & Foil Solutions Limited ("Film & Foil"). The transaction ensures the continuation of operations at Arrow’s production facility in Castleford and the preservation of 55 jobs.
James Clark and Howard Smith from Interpath were appointed joint administrators to Arrow Film Converters Limited on 1 April 2025.
The sale includes state-of-the-art flexographic printing machines, laminators, and other key assets that will complement Film & Foil’s existing business, enhancing its capabilities in specialist flexible packaging. The agreement also includes a six-month license to occupy the fully accredited BRCgS Castleford facility.
James Clark, Joint Administrator and Managing Director at Interpath, commented: "We are very pleased to have secured the sale of Arrow Film Converters, safeguarding 55 jobs and providing a strong platform for growth under new ownership. This transaction ensures continuity for employees, customers, and suppliers while enabling the business to thrive as part of the Film & Foil and Coral Products group."
Joe Grimmond, Non-Executive Chairman of Coral Products plc, added, "This acquisition propels Film & Foil into the front line of specialist flexible packaging and provides Coral Products plc with capacity toward its medium-term goal of £50 million of production availability."
This successful sale marks an important milestone in securing the long-term viability of Arrow’s operations and maintaining its role as a trusted supplier within the flexible packaging industry.
