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LHT ANODISERS ACQUIRED BY COIL ANODISERS (BELGIUM)

 

  • LEADING MARKET POSITION CREATED IN THE U.K. THROUGH TWO SIMULTANEOUS BUT INDEPENDENT ACQUISITIONS
  • FURTHER REINFORCEMENT OF COIL'S POSITION AS THE EUROPEAN MARKET LEADER IN ANODISED ALUMINIUM, PERMITTING THE COMPANY, FOR THE FIRST TIME, TO OFFER THE FULL RANGE OF ANODISING SERVICES FOR ALUMINIUM EXTRUSIONS, CASTINGS AND FLAT ROLLED PRODUCTS
  • ACCESS TO UNIQUE TECHNICAL MARKETING SYSTEM FOR ANODISED ALUMINIUM
  • STRONG GROWTH IN GROUP SALES AND EBITDA
  • Tim Hutton, Coil's Chief Executive Officer:

    "Following the successful integration of our new plant in Germany, Coil enters the next phase in its strategic development to become the leading full service provider to the fast growing market for anodised aluminium. Consistent with the Group's strategy, we have today completed the acquisition of two key UK companies in the anodising sector, in simultaneous, but independent, transactions. This represents a unique opportunity for our enlarged group.

    Heywood Metal Finishers Limited ('HMF') and LHT Anodisers Limited ('LHT') are the UK's two leading batch anodisers. They perfectly complement our range of continuous anodising treatments and, in addition, will contribute strong financial results. Both companies have first-rate management, who will continue to be closely involved in our future development.

    The synergies between the three companies are significant. We have a complementary know-how in our high value-added process, similar business models, a common culture and the same long-term ambitions for the development of anodised aluminium - a product which is demonstrably superior to, and increasingly replacing, rival products such as painted aluminium or stainless steel. The technical and commercial synergies, with the opportunities for cross-fertilisation between our products, services and competences will permit us to accelerate our growth towards a broader global customer base.

    These acquisitions create a significant new force in the market. Coil will now have the critical mass to provide real and effective leadership for the development of the anodising market. With a substantially broader range of products and services now geared directly to the end-user market, we are now in a position to roll out a new marketing strategy. This will permit us to promote our products and services to all professionals involved in the selection of the optimum material for their architectural or industrial applications. Under the new 'United Anodisers' banner, our group of companies will operate under a single brand across our target markets

    To find out more, visit: www.coil.be