Micro Matic A/S acquired Valpar Industrial Ltd of Northern Ireland. With the acquisition of one of the world’s largest manufacturers of beverage tubes and pythons, Valpar, Micro Matic strengthens its global beverage business significantly. Valpar is a major global supplier to breweries and soft drink producers.
Soren Vilby, Chief Executive Officer of Micro Matic A/S stated, “We know Valpar through many years of fruitful co-operation, and the acquisition of Valpar makes sense to Micro Matic. We take over a healthy, well run and profitable business, and we believe that by using Micro Matic’s strong sales network we can increase the sales considerably.”
John Soler, Managing Director of Micro Matic USA, Inc., stated, “This acquisition is strategically important for us in our future growth plans as it insures an uninterrupted supply of beverage tubing products that are of unparalleled quality within the industry. The hygienic and thermally efficient benefits of Valpar tubing and trunkhousing provides a significant competitive advantage while offering a tremendous value proposition for not only the on-premise operator but all the way through to the customer level.”
The O’Neill Group, former owner of Valpar, looks forward to handing over Valpar to Micro Matic. Pat Dooey, CEO of the O’Neill Group, stated, “Valpar no doubt will prove a perfect fit for the Micro Matic Group, with their already strong presence in the global beverage sector. Micro Matic’s strong marketing, innovation and customer focus will ensure the continued future growth for Valpar.”
At Valpar, Managing Director John O’Neill looks forward to becoming a part of Micro Matic A/S. John said, “We see the acquisition as a natural development for Valpar. We already have a strong co-operation with Micro Matic, and together we have a very strong concept and offer a complete solution. At the same time we will continue our considerable focus on development and innovation so that we can continue to offer the best solutions to our customers.”
The management of Valpar will remain unchanged after the acquisition, and the company will continue to manufacture and have its headquarters in Bangor in Northern Ireland, and no doubt it is very much business as usual.
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