GREMTEK joins the IS Group, part of Diploma PLC
Gremtek joins the IS Group, part of Diploma PLC
Firstly, we would like to thank you for your ongoing business and support. We certainly value the professional relationship that we have, especially the personal rapport we have established with you and with the members of your team.
In order to further develop its business by investing in product and market development , Gremtek has decided to join the IS-Group, part of Diploma PLC. By joining the IS-Group
/ Diploma organisation, Gremtek will benefit from the investment and financial backing of
a £1.4bn market capitalisation listed company.
Gremtek will continue to operate as an independent business led by Philippe Oudot in the role of President, and will be benefitting from access to an enlarged product range and further technical expertise. In particular, IS-Group will provide Gremtek with an enhanced offering of premium branded electrical harness components and protective solutions aimed to a variety of high performance applications.
For the IS-Group, this acquisition will bring product alternatives to complement the current IS-Group portfolio, a wealth of experience in the Automotive / Industrial markets and an increased presence in mainland EU.
We are confident that this move will not only be beneficial to IS Group and Gremtek but more importantly to you, our customers. With increased expertise in new markets, a new product range and additional resources for new product development, we look forward to your ongoing support and the future ahead.
Gremtek - Managing Director
About Diploma PLC:
Diploma PLC is an international group of businesses supplying specialised technical products and services to the Life Sciences, Seals and Controls industries.
Diploma's businesses are focussed on supplying essential products and services which are funded by the customers' operating rather than their capital budgets.
The Group employs ca. 1,700 employees and its principal operating businesses are located in the UK, Northern Europe, North America and Australia.
For more information please visit: www.diplomaplc.com
About IS Group:
The IS-Group businesses supply high performance wiring, interconnect and electro- mechanical products for use in industries including Defence & Aerospace, Motorsport, Energy, Medical and Industrial.
A range of value adding activities enhances the customer offering, including marking of
protective sleeves, cut-to-length tubing, kitting, connector assembly and prototyping of customised multi-core cables.
The IS-Group also supplies a range of its own manufactured products, including flexible braided products for earthing and lightning protection, power shunt connectors, and multi-
For more information visit: www.isgroup-international.com
Founded in 1985, Gremtek designs and supplies protection sleeves solutions to the
Automotive, Industrial Harnessing, Mass Transportation and Energy Markets. With subsidiaries and sales offices in France, Germany, UK, Poland, Turkey and China, Gremtek offers a wide range of protective sleeves to industry leading customers. Our core strengths are in heat shrink tubing, expandable braided sleeves, thermal protection sleeves, heat shields and cable accessories.
For more information visit: www.gremtek.com
Added on October 17, 2018
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