Tricel, a fully Irish owned company, has extended its fibreglass distribution with the strategic move of acquiring UK based Glasplies Ltd. This latest acquisition, situated in Southport in Merseyside, is ideally located and strengthens an already extensive and successful network of operations.
Glasplies is one of the longest independently established suppliers of Glass Reinforced Products (GRP) in the UK. The geographic location of the acquisition makes it ideal to act as a distribution gateway between the company’s presence in both the north and the south of the country.
Earlier in the year the company acquired Fiberglass Supplies (Leeds) Ltd. which is one of the country’s leading suppliers and distributors of composite and roofing materials. Along with its latest acquisitions and existing distribution centres in Gloucester and Newry, Tricel maintain a very strong presence in fibreglass distribution throughout Ireland and the UK.
This latest move is the most recent in a series undertaken by the company to facilitate its growth strategy leading up to 2020. As well as extending its fibreglass distribution network, Tricel has also extended its environmental division by adding a second manufacturing site in the south of France.