GUTTER AND ROOFING refurbishment systems provider HD Sharman has agreed a deal to acquire a Manchester-based adhesive and coating manufacturer.
ITAC is a manufacturer of bespoke adhesive and coating products based at Radcliffe, North Manchester.
ITAC’s products are used for a continually evolving range of applications and industries, including roofing and construction, the food industry, medical industry, and the textile market to name a few.
In 2018, Sharmans, in partnership with ITAC, became the exclusive distributor of metal roof protection products Delcote and Seamsil.
According to HD Sharman,this relationship has gone from strength to strength and has supported Sharman’s growth in sales by more than 25% in 2019.
A natural progression
Mark de Rozarieux, Managing Director of Sharmans, said, “We are delighted to be the new home of the Delcote and Seamsil products and look forward to supporting both brands so they continue to provide market-leading performance, meeting the needs of UK commercial properties through strong contractor, building owner and specifier relationships.
“Like ITAC, we are proud that our manufacturing is here in the UK and, with investment in site operations, people and technology, we are excited about the opportunity to take ITAC to new levels.”
Sharmans believes that the ITAC acquisition provides a natural progression for it to broaden its performance systems offer across the commercial roof environment.
Paul Armitt, outgoing Managing Director of ITAC, said, “We have known the team at Sharmans for some time and I am delighted that ITAC is transferring to a proven and successful company with which we hold strong synergies and share many values.
“ITAC and Sharmans are similar in that they are both long-established and successful family businesses. The company is in good hands for the future.”
For more information on the acquisition, Sharman’s products or ITAC, please visit the Sharmans website.