The EVO Group of Companies has made a new acquisition this month, adding paper rolls manufacturer Premier Vanguard into their business operations.
Notably regarded as the country’s largest independent manufacturer of paper rolls, Premier Vanguard has been acquired by leading UK multi-channel business supplies company EVO Group.
As OPI reports, the business, which operates from Bradford, currently employs around 80 staff and has become one of the strongest suppliers of goods-not-for-resale in the UK due to its recent overall growth.
The company reaches annual sales of more than £20 million and has been at the forefront of strong double-digit growth recently due to its specialized offerings towards the retail, healthcare and hospitality industries.
Entering a New Phase with EVO Group
Providing his comments on the EVO Group of Companies’ acquisition of the business, EVO Group CEO Steve Haworth said:
“This acquisition is a good fit with our strategy and will bring a wealth of opportunities to both EVO and Premier Vanguard.
Premier Vanguard will continue to run as an independent group company alongside VOW, Banner and Truline led by Dominic and John, and we look forward to supporting their continued growth and success into the future.”
Supporting his statement, current co-directors of Premier Vanguard, John Clemie and Dominic De Luca, expressed their enthusiasm for the business becoming part of the EVO Group of Companies, commenting:
“We feel that the time is right for Premier Vanguard to enter into a new phase and this transaction will strengthen our ability to drive the excellent diversification course we have proved successful at over the past 12 years.
We are excited to be part of a larger group and look forward to the new opportunities this will bring us.”
A Strategic Fit
Manchester based corporate sales and acquisition specialists La Salle Corporate, were one of the advisors in the acquisition.
La Salle Corporate partner, Matt Dillon, who was involved in the negotiations further added:
“The strategic fit with EVO was evident from the first meeting and the deal provided individual exit strategies for John and Dominic.
I wish them all the best in the future and every success with Premier Vanguard.”