Allica Funding Supports A New Era For A West Midlands Packaging Manufacturer

Quantum Print & Packaging acquired by Continuance Capital.

Quantum Print & Packaging, a manufacturer of bespoke cartons based in Wednesbury, is set for a big year following its acquisition by the succession focused investment firm Continuance Capital.

Established in 2005 after the merger of EW Box and Holmes Printers, Quantum manufactures printed and plain carton packaging from its 30,000 sq. ft factory, supplying customers across the UK, from brand new start-ups to historic household brands. Recent projects include supporting a shift to machine pack boxes for high growth Hip Pop, gift boxes for exciting start up Salford Rum, and continued support for Grenade’s shelf ready packaging.

The acquisition, which was supported by funding from Allica Bank, will enable Quantum to build on the strong foundations already in place, growing alongside customers, supporting new partnerships, and exploring strategic opportunities that can accelerate Quantum’s position in the market. The management team remains unchanged, with former Managing Director Giles Foden continuing to play a central role in the business and with customers.

Owen Newton-Hill from Continuance Capital commented: “Quantum represented an exciting opportunity because it operates in a resilient segment of the market, with an experienced team known for delivering exceptional service, and a longstanding customer base that truly values the partnership.”

Amy Beasley, Regional Growth Finance Lead at Allica Bank, added: “Quantum Print & Packaging is a perfect example of a local West Mids business with big, national ambition. The flexible growth finance funding we provided to Continuance Capital enabled the acquisition and supports Quantum’s growth plans, while also keeping jobs and production firmly in the area. It’s fantastic to see Owen, Giles and the team building on their success and continuing to innovate in the packaging industry.”

About Allica Bank

Allica is a bank built especially for established businesses with between 5 and 250 employees.

These businesses make up a third of UK employment and turnover, yet they’re overlooked by the big banks with a service that is increasingly impersonal, inconvenient, and poor value.

Allica Bank is on a mission to give established businesses the banking they deserve. That means a current account that rewards business owners for using it, a relationship manager whose name and number they actually know, and powerful tools and technology that make their life easier, not harder.

It’s how business banking used to be, just better.

It’s proving to be a winning combination. Allica was named the UK’s fastest-growing company in The Sunday Times’ Top 100 in 2024 and was awarded the number two spot in its 100 Tech list in 2025. The firm has also topped Deloitte’s Fast 50 for two consecutive years and was ranked by Sifted as the fastest growing start up in Europe. Allica’s annual revenue growth makes it the fastest-growing fintech ever, with it breaking into yearly profitability in 2023 with a substantial balance sheet.

Allica’s ambition is to gain 10% market share in the next five years in order to help change the established SME market for the better. 

Allica is authorised and regulated by the Prudential Regulation Authority and also regulated by the Financial Conduct Authority. Financial Services Register Number: 821851. Read more at: www.allica.bank


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