The business of digital print media supplier Ultraflex Europe has been acquired by Porto, Portugal-based Endutex, giving the expanding European technical coated textile group a new distribution base in the UK.
Endutex, founded in 1970, is one of the leading vertical producers of technical textiles, with a focus on the production of polyurethane, PVC, acrylic and silicone-coated media products up to 5m wide. The group has production facilities in Portugal and Brazil and distribution branches in Spain, Poland, Czech Republic and Germany. It exports some 85% of its production.
Ultraflex UK was identified as an ‘ideal’ acquisition prospect due to its ‘strong customer base, good market image, high-level service and knowledgeable staff’. It will continue with the same support team and service levels and will be adding new products to its portfolio and additional stock over the coming months. The Ultraflex Europe business has been re-branded as Endutex UK, with effect from December 2023.
Clint Green, managing director of Ultraflex Europe confirmed, ‘We are delighted to confirm that the acquisition has now gone through. We have been part of the USA-based Ultraflex business for the past 30 years but, for many years, have been a very separate independent trading company with little trading synergy between us. Endutex, however, is a great fit for the UK Ultraflex business, with innovative complementary products to add to our portfolio. This acquisition will make us a wholly-owned distributor for Endutex in the UK.’
Vitor Abreu, CEO of Endutex Group, said, ‘Ultraflex Europe has built a strong UK business, selling a broad range of media to main wide-format printers across the UK. We look forward to working with the new UK team to develop a broader portfolio of products with them and provide an even better service to all our customers.’
Stock of the Endutex product range is now available at the Endutex UK Cambridgeshire facility and also at Soyang UK.