The clothing label and tag maker SML Europe Limited has aquired STR Gresham, reports style.com. The acquisition will strengthen the companies’ branding and packaging capabilities in the UK and Europe.
Following the acquisition, the new merged company will go by the name SML Gresham. Both businesses hope that the newly formed company will become a leader in data management coordination and printing of tickets, labels and packaging for the fashion apparel industry.
The new company will combine the strenght of STR Gresham’s ability to process, print and deliver complex retail information via its order management system with SML Europe’s position as one of the world’s largest providers of woven labels and trims.
The SML Group Limited is based in Hong Kong and has service outlets in over 50 locations worldwide, nine of which are in Europe. SML Europe will move its team of 30 employees to the offices of STR Gresham at two sites in Corby and Market Harborough, to join the latter’s team of 120 employees.
Managing Director Steve Ablett will head up the combined management teams. “We have the ability to deliver a complete supply chain from data management through to printing and the delivery of ticketing and labels anywhere in Europe, or the rest of the world.”
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