Dickinson Robinson Group

The Dickinson Robinson Group or DRG was a British paper, printing and packaging company founded in 1966 as a result of a merger of John Dickinson Stationery Ltd and E. S. & A. Robinson Ltd, creating one of the world's largest stationery and packaging companies. Products with a high public profile included Sellotape, which it owned in the 1960s to 1980s and Basildon Bond which it had launched in 1911.[1]

In 1978 DRG took over the Royal Sovereign group of companies.[1]

In 1989 Roland Franklin (Pembridge Associates) acquired DRG with a leveraged buyout worth £900 million and the assets of the company were stripped.[2]

In 1992 the company was acquired by Bowater-Scott.[1]

Paper cup production

DRG Cups manufactured and distributed disposable paper cups throughout the 1970s and early 1980s, but with the emergence of the plastic cup, which could be produced more economically and was of higher quality, the company began to decline. This led to the closure of its production plant in Liverpool in 1983, as it proved too costly for DRG Cups to maintain a competitive position.[3] The company was eventually bought out by Polarcup (a subsidiary of Finland-based company Huhtamaki), which opened a new paper cup manufacturing plant in Devizes, Wiltshire, in 1984.

References

  1. 1 2 3 "John Dickinson and Co". Grace's Guide. Retrieved 11 August 2018.
  2. ↑ Hammond, Ed (18 January 2015). "Martin Franklin, Jarden: a repentant corporate raider". Financial Times. Retrieved 4 June 2016.
  3. ↑ "History of the Paper Cup". Thepapercupcompany.co.uk. Retrieved 2 January 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.