Some of the sheen has returned to shares in RPC Group in the past few months, after a gloomy summer in which some investors began to question its rapid expansion.
Rigid Plastic Containers, to give the company its full name, makes a huge range of products including outdoor bins in the Netherlands, compostable coffee capsules in Poland and yoghurt pots in Michigan. The group’s shares did well during the general slump that followed last year’s European Union referendum, only to stumble this summer amid concerns that its acquisitive streak was a Pandora’s box of unexpected costs and problems. Executives led by Pim Vervaat, RPC’s ambitious boss, have said that the steady stream of deals, funded by the occasional rights issue, was a key part of