A Black Country cardboard packaging supplier is under new ownership following a deal supported by £2.6 million investment from Frontier Development Capital (FDC) and £2.9 million working capital from Independent Growth Finance.

The Buy-In Management Buyout (BIMBO) will see Andy Sandland, the founder and majority shareholder of Sandland Packaging exit the Bilston-based business. The management team will be led by husband and wife team Martin and Jo Hickman, Andy Batha also joins the management team as Sales Director with Robin Welch, formerly of GI Solutions Limited (Now Go Inspire) joining the board as Chairman.

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