Techsil announces acquisition of Eurobond-Adhesives. Effective 23rd March 2023 the trade and assets of Eurobond Adhesives Ltd have been acquired by Techsil Ltd.,a company within the Diploma Plc group.
Support Long-term Growth
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We are grateful to Simon and Samantha Dearing for partnering with Techsil and for building an adhesives business. Eurobond Adhesives was formed in 1984 and has been a very successful business under the leadership of Simon Dearing for over 16 years with an onus on outstanding customer service and excellent products. Techsil has been aware of Eurobond for some time and Simon felt that now was the right time to sell the business and find the right trusted partner to help support long-term growth with the backing of a larger resourced adhesives group.”
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Techsil and Eurobond are a great strategic and cultural fit as we share similar values, business models and end-markets. We welcome the experienced Kevin and Andy across as the technical sales interface at Techsil. This augments Techsil’s broad technical adhesive offering with the onus on adhesive, potting and thermal management solutions for the manufacturing sector and introduces Techsil to some attractive new customers and market segments such as Sign, Glass and Sheet Metal Bonding amongst others.”
Techsil have been part of Diploma’s “Controls” sector since 2021. Techsil was founded in 1989 with a focus on distribution of technical & high-performance silicones. Since then, it has grown to encompass many more specialist adhesive technologies without losing its core reputation for excellent customer service. Techsil follows a problem-solving engineering and design-led approach to finding the right adhesive & sealant solution for its customers.
Diploma PLC is an international group focused on Added Value Distribution. Diploma supply specialized products and services to a wide range of customers in its three Sectors of Controls, Seals, & Life Sciences. Diploma was founded in 1930 and was listed on the London Stock Exchange in 1960. Diploma Plc are a member of the FTSE 250.
Techsil sits within the Controls Sector, which distributes into the “Speciality Adhesives”; “Wire & Cables”; “Interconnect Products”; and “Specialty Fasteners” segments.
Diploma businesses are focussed on supplying essential products and services and building long-term relationships with their customers and suppliers.
The Group employs ca. 3,000 employees and its principal operating businesses are located in the UK, Northern Europe, North America and Australia. Diploma is a member of the FTSE 250 with revenues >£1 billion.
Key Contacts at Techsil
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Christopher Dilley – Managing Director
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Mark Rice – Finance & Operations Director
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Clair Edmunds – Customer Services Manager
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Tim Johnson – Sales Director
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Kate Harris – Marketing Manager
Source: Eurobond Adhesives