Banner Chemicals UK acquires Stowlin Ltd

01-Jan-2015

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Solutions for metals surface treatment, cleaning and phosphating

We are delighted to advise you that the shareholders of Stowlin Ltd and of Banner Chemicals Ltd UK have agreed to join forces.

Banner Chemicals Ltd UK will acquire the entire share capital of Stowlin Ltd from Mr Nigel Sullivan. We are pleased that Nigel will continue to lend his support and expertise as consultant to the business.

Stowlin’s customers will enjoy a seamless service as operations, sales and marketing activities will continue as usual from the Leicester based site.

The joint portfolio of Banner Chemicals Ltd UK’s PCS (Precision Cleaning Solutions) Business Unit and Stowlin will provide customers with an enhanced and complete range of solutions for metal surface treatment, cleaning and phosphating.

“I am delighted that Stowlin will be joining Banner Chemicals Ltd UK. Their long history and product expertise will provide a sustainable base and increased offering to our current customers, who will reap the benefits” said Mr Nigel Sullivan MD of Stowlin.

“By joining forces, we are providing our existing and future customers with access to a wider and richer product portfolio”, said Mr Mottie Kessler, Chairman & CEO of 2M Holdings Ltd, the owners of the Banner Chemicals Ltd UK Group of companies. “We are also adding Leicester to the existing Banner Chemicals Ltd UK distribution map, meaning we can reach our customers more quickly and easily, wherever they are.”

Customers for Stowlin products should continue to place orders with Stowlin and Banner Chemical Ltd UK’s PCS customers with Banner Chemicals Ltd UK. Over time, a combined offer will be developed for the benefit of both customers and suppliers.

For further information please contact:

Mr Mottie Kessler – Chairman & CEO – 2M Holdings

+44 (0) 1928 597 000

mkessler@bannerchemicals.com

T: +44 (0)1928 597 000