Southgate Global Limited is pleased to announce the recent investment of Rutland Partners.
Southgate is a market leading solutions provider within the packaging and ecommerce fulfilment sector. From its origins as a regional UK packaging supplier in the 1960s, the business has impressively evolved through strong organic growth and several strategic acquisitions to become Europe’s largest trade supplier of machinery, equipment and associated consumables to the industrial packaging marketplace.
Diverse and long-standing supply chain relationships with global manufacturers enable Southgate to offer its customers an unequalled range of products that offer outstanding value alongside market leading service levels. Southgate’s systems provide solutions to fast-paced fulfilment centres that rely on high quality and reliable supply.
Sustainable packaging is now high on every e-commerce and distribution company’s agenda. Southgate’s mindset is to drive collaborative customer partnerships and create value through constant product innovation to enhance operational productivity. The strong focus on innovation in this area ensures that customers maximise their opportunity to meet their corporate sustainability objectives.
Southgate Global has grown rapidly over the last few years and has met its investment and working capital needs out of retained profits.
As we pursue the significant growth opportunities ahead, however, and develop our business to meet fully the requirements of our customers we will need to invest at a higher level.
Accordingly, we have concluded that we should bring in a financial investor to the business to help fund this growth. We are therefore pleased to announce that we have secured new investment funding from Rutland Partners, to support our strategic plans and further develop our global footprint and manufacturing capabilities.
Rutland Partners’ investment will support the existing management team as we broaden our services to customers, pursue our domestic and international growth objectives and explore targeted acquisitions.
Craig Turner, CEO of Southgate said, “We have sought a new investor who would commit significant investment to the group and back the existing team to achieve our strategic goals. We’re delighted to welcome Rutland Partners as that investment partner and look forward to working with them over the coming years.”
Oliver Jones, partner in Rutland Partners said, “We have been very impressed by the way the team at Southgate has built its business by focusing on strong customer relationships. They have a strong track record of innovation and growth, matched with an important focus on helping their customers meet the ongoing challenges of becoming more environmentally sustainable. Southgate’s existing international network and distributor base provide an excellent foundation for further growth in the future, and we look forward to working with Craig and the team to help deliver the next phase of the group’s expansion.”