Amcomri Group has today confirmed the acquisition of Premier Limpet, the UK’s largest manufacturer of printed adhesive tape for an undisclosed sum. Premier Limpet will join Amcomri’s fast-growing manufacturing division.
The purchase by Amcomri Group provides a retirement exit for the majority shareholders, Chairman Bob Edwards, and Finance Director Des Irwin. The company’s Managing Director, Tony Edwards will remain with the business.
Premier Limpet operates manufacturing plants in Cambridgeshire and Hertfordshire and produces over 40 million square metres of tape per year which it sells to the trade through a well-established network of distributors throughout the UK.
Producing an extensive range of custom and standard tape solutions, Premier Limpet prides itself on the quality of its service and its extensive product range. The company is also leading the way in the development of environmentally friendly tape solutions, operating its own laboratory to test the performance, quality, durability and sustainability of new materials.
Throughout the COVID-19 pandemic Premier Limpet was instrumental in supplying social-distancing tape for floor application in various retail and other public settings having developed its own unique tape formulation, durable enough to withstand footfall but easily removeable without leaving a glue residue.
Mark O’Neill, Investment Director at Amcomri Group commented “Premier Limpet is an extremely well-run business that has performed particularly well during the recent difficult trading period. We wish Bob Edwards and Des Irwin well in their retirement, and are excited to work with Tony Edwards and his team to continue the success of the business. The acquisition of Premier Limpet further strengthens Amcomri Group’s manufacturing division, and provides Premier Limpet with the opportunity to further strengthen its market leading position in a sector that is displaying steady growth.”
