RW Greeff acquires Industrial Solutions Ltd of Northern Ireland
As of June 1st, 2005, RW Greeff, a dedicated supplier of industrial consumables and a division of Univar NV has acquired the business and assets of Industrial Solutions Ltd of Bangor, Northern Ireland.
Industrial Solutions are an established 3M distributor, with a total business turnover in industrial consumables approaching £1.5 million, specialising in the supply of abrasives, tapes and adhesives for industrial applications. Its customers and primary suppliers mirror RW Greeff's and will strengthen the company's position in the UK and its business relationship with key suppliers.
"This acquisition represents a further step in RW Greeff's strategy to increase our market coverage in the UK and Ireland," says Mark Hughes, Managing Director RW Greeff. "It provides us with an important base to grow our business in both Northern Ireland and the Republic of Ireland. Following recent investments in Eastern Europe this acquisition demonstrates Univar's desire to grow the RW Greeff business and establish it as a major player in Europe."
For the time being Industrial Solutions will continue to operate under its own name, as an RW Greeff managed business. Jed Shirley has been appointed Business Manager for Industrial Solutions. He will work closely with the sales and operations staff of Industrial Solutions to further develop the business on both sides of the border.
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