UK's Mpac Group restructures US operations as tariffs hit revenue-March 2024-www.financetom.com

UK's Mpac Group restructures US operations as tariffs hit revenue

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UK's Mpac Group restructures US operations as tariffs hit revenue

Jun 30, 2025 11:48 PM

July 1 (Reuters) - Britain's Mpac Group said on

Tuesday it had restructured its U.S. operations, after a

slowdown in orders due to tariffs resulted in a significant hit

to its annual revenues.

The packaging and automation solutions company now expects

full-year revenues to fall significantly below previous

expectations.

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