March 14th, 2011
Glascow - Scotland - UK
The Directors of Industria Grafica Eurostampa S.p.A. of Bene Vagienna, Italy, announce the acquisition of the entire sha re capital of Unicorn Graphics Ltd, the parent company of the well-known Glasgow label prin ting business, Gilmour & Dean Ltd, of Clydeholm Road, Clyde side Industrial Estate, Glasgow, with effect from Tuesday 8th March 2011.
Eurostampa is a private, fa mily – owned prestige printing business, based in Bene Vagien na in the Piedmont area of Italy. It supplies high quality labels to owners of prestige consumer brands in over 30 countries worl dwide, from its new state-of-the-art manufacturing facilities in Bene Vagienna, and Cincinnati, USA. With total gross revenues of over €70m, and a focus on the alcoholic beverage, confectione ry, and household goods sectors, it has built an enviable reputation for innovation, product develop ment, and investment in leading-edge technologies.
It has been seeking for some time to consolidate and streng then its position in the Scottish and wider UK market, and the acquisition of Gilmour & Dean Ltd, represents a significant step in the realisation of that strategy. Gilmour & Dean has itself ac quired over many years, an en viable reputation as a leading supplier of high quality labels to UK brand owners, especially to leading Scotch Whisky com panies and Scotland-based alco holic drinks producers. Based in Whiteinch in West Glasgow, the company has strong credentials as a reliable, flexible and quick-response supply partner, with industry-leading technical capa bility and customer service.
Chairman and Group Chief Executive of Eurostampa, Sgr Luciano Cillario, said today that “the acquisition of Gilmour and Dean marks a significant step in the implementation of our global strategy, and provides us with a strong presence in Scotland where a number of global brand owners in our focus markets are based. We are very excited at the opportunity to work with the lo cal management in Gilmour and Dean, whose commitment to in novation, technical excellence, and technological development are very much in tune with our own, and it is our intention to in vest substantially in the business, as we have done in Italy and the USA in recent years, and continue to do now, in pursuit of our objec tives for our business. We warmly welcome Gilmour and Dean into the Eurostampa family.”
Managing Director of Gil mour & Dean Ltd, Mr Alex Cairns, said today that he was “extremely excited by the op portunities that our acquisition by Eurostampa will bring to our business, our customers, and our employees. I am very gratified that such a prestigious company as Eurostampa has identified Gil mour and Dean as their partner of choice in this market, and I am convinced that the combina tion of their technical know-how, manufacturing excellence, and demonstrated commitment to on going investment, with our pro ven record of outstanding custo merservice, product quality, and supply flexibility, will produce a winning recipe for success in this market. We look forward to wor king with them in the months and years ahead, and to becoming part of the Eurostampa family.”
The Cillario family has also announced the appointment, as Chairman of the Board of Direc tors of Gilmour & Dean Ltd, of Sgr Jean Paul Di Vita, currently International Business Develop ment Director, to ensure a smo oth integration of the business into the Eurostampa group.
March 8th, 2011
A new acquisition
On March 8th 2011, the Industria Grafica Eurostampa, a private, family – owned prestige printing business, based in Italy completed the acquisition of Gilmour & Dean Ltd, Glasgow (Scotland), a manufacturer of labels, operating since 1846.
Eurostampa supplies high quality labels to owners of prestige consumer brands in over 30 countries worldwide, from its new state-of-the-art manufacturing facilities in Bene Vagienna, and Cincinnati, USA.