|Specialist labelling suppliers IML LABELS and LONGCOMBE LABELS announce “Merger Agreement”
As of 1st of February 2018, label printing specialists IML Labels & Systems Ltd, Longcombe Labels Ltd and Leed Marque Concepts Ltd merged to become Dura-ID Solutions Limited.
The deal will create a combined company with just under 100 members of staff, five sites and annual revenues of £14m+.
Experts in the field of specialist labelling, tagging, plastic mouldings and printing solutions, the merger follows a highly successful year of sales for the three businesses involved. All of which have been owned as separate entities by Goonvean Holdings.
Together, Dura-ID Solutions aims to further revolutionise identification solutions across all its key sectors and will continue to focus on supplying high quality products and services to its client base.
Dura-ID are happy to announce that the full workforce has been retained and everyone is excited for the opportunities to continue the good work started over 80 years ago! Now with sites in Sheffield, Paignton, Mansfield, Cambridge and Aycliffe, Dura-ID will be able to offer a larger selection of products, have a larger customer reach and greater capacity to help keep lead-times down.
Shaun Higgins, Managing Director at IML Labels & Systems said “We are very enthusiastic about the new opportunities that this merger will bring to our company. The staff at all businesses are passionate about what they do, and it felt right to go through this change. Becoming Dura-ID Solutions means that we will be able to offer a more extensive product range to every industry we specialise within. We are all looking forward to our unified future as Dura-ID Solutions.”
Paul Harris, General Manager of Longcombe Labels says “This news comes from a keen interest in wanting to provide complete identification solutions for every industry, and as Dura-ID Solutions we can achieve that. Here at Longcombe Labels, all staff are proud to be joining forces and we look forward to what the future has in store for Dura-ID Solutions.”
Dura-ID Solutions will still be manufacturing and supplying specialist identification solutions and aim to make this transition period as smooth as possible for the suppliers, and clients, that have supported us up to this significant step forwards.