International recognition

Thermoseal Group has been ranked number 41 in the ninth annual Sunday Times HSBC International Track 200 league table.

The Sunday Times HSBC International Tack 200 league table was published in June and ranks Britain’s mid-market (total sales of £25 million+ and international sales of £1 million+) private companies with the fastest growing international sales over the past two years.

The 200 companies include well-known names from sports car manufacturer Aston Martin and fashion retailer White Stuff to coffee house chain Caffé Nero and craft beer maker BrewDog.

Thermoseal Group achieved annual international sales growth over two years of a 79.46% increase (the average was 62%) supplying to over 27 countries in five continents.

“We are both surprised and delighted to reach number 41 in a league with some of the UK’s best-performing businesses,” Thermoseal’s managing director Gwain Paterson said.

“Despite fears associated with Brexit, our sales of Thermobar and Thermoflex warm edge products have seen significant growth in export markets. With the uncertainty in the UK market, we are extremely pleased with our export successes to date and intend to continue to grow our technical centre and production facility with the aim of innovating further new products and manufacturing processes specifically designed to meet our customers’ needs.

“The purchase of the stock and assets of the DecraLed portfolio of products has seen expansion of our decorative manufacturing in both our Wigan site and also at our lead manufacturing base in Kent. These products are popular worldwide and we will continue to invest in developing them further to ensure that they remain market-leading products and help to ensure our continued growth in international sales.”

Thermoseal Group Limited
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