Co-Spec has acquired the entire share capital of the UK-based manufacturer of self-adhesive products Tenza Technologies.
Co-Spec also purchased Tenza’s sister company Advanced Coated Products from its parent company Tri-Q Group in a Management Buy Out (MBO).
Tenza Technologies commercial manager Alan Lomas said, "The change of ownership to Co-Spec is incredibly positive for Tenza (and ACP)."
According to Tenza, Co-Spec has developed a business strategy that offers a better future for the businesses and a continued source of quality products to its customers, besides a significant customer to its supplier base.
Tenza manufactures self-adhesive products for the global laminates, packaging and stationery markets.