Labels firm seals new acquisition
A STAFFORDSHIRE labelling firm has strengthened its position with a new acquisition.
Cannock-based Security Labels International, which makes tamper evident security devices, has acquired Geoffrey Waldmeyer Associates Ltd, a supplier of plastic and metal C-TPAT security seals, asset labels and tamper evident bags.
The undisclosed deal adds to the Security Labels product portfolio, particularly its Label Lock ™ range of labels and tape. These are used extensively by the police as well as logistics and security managers and can be applied to everything from vehicle doors and windows, aircraft hatches and panels, shrink-wrapped pallets, laptops, CD and DVD cases and almost all boxes and packages.
Adrian Steele, Security Label’s managing director, said: “The acquisition of Geoffrey Waldmeyer Associates, an important player in our market, will enable us to build even further on our ability to meet customer expectations.
“The security label industry is constantly evolving and the level of R&D required to address the ongoing technical challenges calls for a scale of operation that this acquisition will help us to achieve.”
Hugo Gell, sales director at the firm, said the acquisition significantly added to its portfolio of products and would strengthen its global distributor and customer base.
Geoff Waldmeyer said: “I should like to thank our customers for the pleasant way in which we have conducted business over, in some cases, nearly 25 years.
“In Security Labels International we have found a company that will work to the highest standards to provide the level of service our customers are entitled to expect. Although I shall now retire, I remain available to the company to ensure the smoothest of transitions. I wish our customers and business associates every success in the years ahead.”
