Hodgson Sealants Group has acquired the entire share capital of independent private label sealant manufacturer Britchem, from the previous owners Roy Barton and Trevor Jones.
Britchem, located in Heckmondwike in West Yorkshire, was founded in 2002. The company is an independent private label manufacturer of sealants for both UK and export customers. Hodgson Sealants was founded in 1968 and, together with its sister company, HS Butyl, based in Hampshire, is a leading independent sealant and butyl tape manufacturer in the UK employing over 200 people.
According to Hodgson Sealants, the technologies manufactured at both companies are complementary and the acquisition will allow the newly extended group to offer customers an unrivalled range of UK manufactured sealant and tape technologies, as well as increased capacity to meet the demands of the groupβs growing sales.
Britchem will continue to be run as an independent company within the Hodgson Sealants Group.
βBritchem is a successful well-run business, and it has been a pleasure to work with the
to bring this company on board,β said Charles Hodgson. βWe are really looking forward to welcoming all the staff and customers of Britchem into the Hodgson Sealants Group.
βWe share many values with them including a strong customer and quality focus, a flexible manufacturing approach, and a trust and belief in our people. We are determined to build on the success already enjoyed by Britchem.β
Hodgsonβs were supported in this acquisition by Richard Firth of Leeds based Park Place Corporate Finance, Matthew Smith and Samuel Peake of Andrew Jackson Solicitors LLP, with funding provided by Lloyds Bank Commercial Banking.