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Manchester-based supplier of healthcare and industrial fabrics, Technical Textile Services Ltd., which trades as Techtex, has acquired the acquisition of two competitors, Whitminster International Ltd and Klenzeen Ltd.
The sum paid is undisclosed, but the newly-enlarged business enjoys a £20 million plus turnover, and the deal makes Techtex the largest UK independent manufacturer of high-quality cleansing wipes, taking the workforce to 90.
With two divisions supplying healthcare and industry, the company sources non-woven fabrics and manufactures a range of dry and wet wipe products including branded, private label and generic products.
The company operates from a modern, 70,000 sq. ft. manufacturing and warehouse facility at the Rhodes Business Park, Middleton, north Manchester. The two acquired businesses share the same directors and are based on a site in Stafford, from where operations will continue.
The founding partners Sales Director – David Beardsworth, Finance Director – Steve Oldfield and Operations Director – Brian Whitney are joined by Whitminster and Klenzeen directors Julian Ashworth, who becomes General Manager, and David Thompson, who becomes Sales Manager.
The buy-out is the fourth by Techtex in the past decade. David Beardsworth, Sales Director, Techtex commented: “These acquisitions will further strengthen our offer to customers in healthcare and industry and will enhance our offer to new markets, including significant overseas opportunities.”
Techtex products including its own Clinitex brand are found widely in NHS hospitals across England, Scotland and Wales as well as in care homes, private hospitals, shops and factories and the company will continue to supply the Whitminster and Klenzeen brands, which are well-known predominantly in the industrial and Janitorial marketplace.
