Europe's 500 Ranks Benson Group in Top Growth Companies

By Benson Group, PRNE
Wednesday, February 9, 2011

BARDON, England, February 10, 2011 - Europe's 500, the association of top European growth entrepreneurs met at
the European Parliament in Brussels on February 3rd for the European Growth
Summit 2011. An integral part of the event, the "Europe's 500" awards
ceremony honoured the top-growth-companies in Europe, and released a list of
the 200 fastest-growing, job-creating businesses. One of the UK's leading
independent printed packaging providers, Benson Group (
www.bensongroup.co.uk/), was delighted to be included in the listing
for the first time, featuring at number 122, and numbering amongst a select
few manufacturing businesses.

Award certificates were presented to representatives of these leading
businesses by former German Chancellor Gerhard Schröder. On hand to receive
the certificate on behalf of Benson Box Holdings Ltd was Chairman Andrew
Benson
: "It was a great delight to be recognised as a leading growth business
on a European scale, where the competition is in the millions. It is
especially pleasing as we are a UK-based manufacturing company featuring in a
list that is dominated by service industries," said Andrew. "This certificate
helps to illustrate how far we have come as a business in recent years, and
the honour is certainly one that our whole team can take pride in."

Since 1997, Europe's 500 has selected and published the list of the Top
European growth entrepreneurs and has awarded them for their outstanding
achievements in generating sustainable growth and jobs. Europe's 500 was
supported by Dun & Bradstreet for the creation of the list of the top growth
companies in Europe based on available data of millions of businesses
(approx. 4.5 million companies in the EU). In order to qualify, companies
need to be entrepreneurially-managed, independent and above 50 FTEs
(Full-Time Equivalent employees). The top growth companies are identified by
their absolute and relative growth in employees.

Altogether these top 200 companies created almost 28,581 new jobs between
2007 and 2009, bringing their total employment to 175,671 in December 2009
and a total turnover of 37.566 billion Euros. These companies grew on average
by 71 employees per year and employ on average 878 employees. The average
turnover per company was 190 million Euros. Juan Roure, co-founder of
Europe's 500: "These are exceptional achievements considering that there was
a negative growth of approximately 5% in Europe in 2009."

Benson Group is one of the UK's leading privately owned printed carton
suppliers, producing food packaging (www.bensongroup.co.uk/food/) and
pharmaceutical packaging (www.bensongroup.co.uk/healthcare/pharmaceutical-packaging-design.php)
products for both these industries. The Group has enjoyed unparalleled growth
since 2002, when it was a business with an 11 million GBP turnover. In 2010
company turnover exceeded 95 million pounds, with an operating profit of 6%.
All of this in a market where customers are keener than ever to force prices
down, and the competition is always on hand to provide buyers with a
"cheapest ever" quotation.

Continuous Investment

One major factor in the exceptional growth of the business has been a
culture of investment in the very best of equipment. This helps to ensure
consistent and reliable production systems, together with the higher
productivity provided by newer technology. Investment in new plant and
equipment across the four sites has totalled in excess of GBP28 million, and
this is now considered an on-going process, with a focus on selecting the
equipment before it is needed in order to cater for growing demand.

The Company

Group headquarters are at Benson Box, Bardon, Leicestershire, where the
company runs 130,000 sq ft of production and warehouse space. Food
manufacturers are the main customers for this site and for the company's two
North East facilities in Newcastle and Gateshead. These two sites have a
combined total of 200,000 sq ft of manufacturing and warehouse space. The
fourth site in Crewe, Medica Packaging, serves pharmaceutical and healthcare
companies. It has 73,000 sq ft of manufacturing, warehouse and office space.
The company now employs some 900 personnel across four sites.

Benson Group creates packaging for many well-known companies, brands and
retailers. Key account clients across the Group include GlaxoSmithKline,
Northern Foods, Reckitt Benkiser, Greencore, Bakkavör, Samworth Brothers, and
leading supermarket chains.

The 90-year-old business remains in private ownership, with today's
Chairman, Andrew Benson, being a grandson of William Watson Benson, the
company's founder, providing the vision and overall strategy for the
business. Day-to-day management of the Benson Group is handled by Managing
Director, Mark Kerridge.

Market Leadership

Whilst Benson Group is undoubtedly one of the major players within both
the food and pharmaceutical packaging sectors, it rarely considers this an
important point of focus. The company culture dictates that it is more
important to understand exactly what the market requires, both now and in the
future; seek out areas for improvement within the business; and deliver what
the customer demands in terms of quality on a daily basis.

Europe's 500

The mission of Europe's 500 is to support entrepreneurial initiatives and
improve the conditions of economic growth and job creation in Europe. Its
goal at the summit was to help entrepreneurs redefine and reflect on their
strategies and to make recommendations to the European Union based on the
conclusions of their talks, with a special focus on how to ease financing for
the real economy and also how to better support exports.

The growth companies are the engine of growth in Europe and can
contribute to defining what is needed for more growth and jobs in the EU.
Europe's 500 therefore regularly holds the European Growth Summit.

The summit was held under the patronage of Markus Ferber, Member of the
European Parliament and Vincent van Quickenborne, Belgian Minister for
Economy and Reform and with the support of The Boston Consulting Group, Dun &
Bradstreet, Plenum, Hill & Knowlton, White & Case, Alvarez & Marsal, LGT,
Wealth Management and Euractiv.

For more information please visit:
www.bensongroup.co.uk/bensongroup/group-news-benson-group-in-top-growth-companies.php

(Due to the length of this URL, it may be necessary to copy and paste
this hyperlink into your Internet browser's URL address field. Remove the
space if one exists.)

Press Information

For further information on Benson Group, its operations, or on packaging
products or packaging issues please contact:

    Russell J Hicks
    Genesis Marketing Services (Milton Keynes)
    29 Foxholes Close, Deanshanger, Northamptonshire MK19 6HA
    Tel/Fax: +44(0)1908-260-662, Mobile: +44(0)7885-852-428
    e-mail: Russ.Hicks@Genesis-Marketing.com

Russell J Hicks, Genesis Marketing Services (Milton Keynes), 29 Foxholes Close, Deanshanger, Northamptonshire MK19 6HA, Tel/Fax: +44(0)1908-260-662, Mobile: +44(0)7885-852-428, e-mail: Russ.Hicks at Genesis-Marketing.com

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