Clive Snowdon, Chief Executive of Umeco plc, commented "The Primco acquisition further illustrates the progress Umeco has achieved in delivering complementary growth to the Group both in the UK and overseas. It will enable us to offer our existing customers a wider range of material technologies, whilst allowing ACG to further consolidate its market leading position, in a continuously evolving composite arena.
"Primco offers good long term value-creating growth and we look forward to realising operating synergies as we integrate it into our existing business."
Primco Limited are manufacturers of pre-impregnated materials (prepregs) for the composites industry. The company was originally formed over 40 years ago to produce prepregs for electrical insulation purposes. Since then, our product range has diversified to cover applications in the aerospace, medical, electrical & electronic, sport & leisure, transport and decorative industries.
Primco Limited impregnate unidirectional fibres, and woven and non woven substrates such as Glass Fibre, Carbon Fibre, Aramid, Nylon, Cotton, Polyester, Nomex and Paper with hot melt and solvented resin systems including Epoxy, Phenolic, Polyimide, Polyester, Alkyd and Silicone resins to name a few.
Umeco is a leading innovator in distribution and supply chain management to the aerospace and defence industries, harnessing new methods for enhancing its customers' performance and profitability.
Umeco is a leading innovator in distribution and supply chain management to the aerospace and defence industries, harnessing new methods for enhancing its customers' performance and profitability.
Umeco also has significant manufacturing interests in advanced composite materials for a growing range of applications in its core aerospace and defence markets and in other high performance technology industries such as motor sport, automotive and wind energy.Listed on the London Stock Exchange, Umeco had turnover of £333.9 million in the year to 31 March 2007.
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