Stevens & Bolton’s corporate team has advised Diploma PLC on the acquisition by Techsil Limited of the business and assets of Eurobond Adhesives Limited, a value-added distributor of high performance adhesive products and solutions.
Diploma PLC is a value-add distributor of specialised products and services in the controls, seals and life sciences sectors. Techsil Limited, a Diploma group company, specialises in the supply of high-grade adhesives to a wide range of industries including electronics, transportation and medical. Eurobond is a British adhesives business with a strong reputation for their high performance products and technical expertise. This latest acquisition is part of Diploma’s strategy to accelerate growth by acquiring high-quality, high-margin, value-add businesses. Through the acquisition of Eurobond, Diploma continues to strengthen and build out its exciting Adhesives business line.
Joe Bedford of Stevens & Bolton commented “This is the fourth acquisition Stevens & Bolton have completed for Diploma in the last twelve months and we are delighted to see their growth in this area. We wish the company all the best with its new acquisition.”
The Stevens & Bolton team included James Floyd (corporate), Charlotte Lane (corporate), Rebecca Berry (employment), Melanie Shone (corporate tax) and Kate Maguire (IP).
Joe Bedford