According to the company, this acquisition will add significantly to the Security Labels International product portfolio, particularly its Label Lock range of labels and tape. Label Lock products, often used by police and logistics and security managers, can be applied to vehicle doors and windows, aircraft hatches and panels, and shrink-wrapped pallets for laptops, CD and DVD cases, and most other boxes and packages. According to Hugo Gell, sales director, "This acquisition significantly adds to the portfolio of products we will offer to our global distributor and customer base, further enhancing the Label Lock brand and its continued, successful penetration of the security market."
Adrian Stelle, managing director of Security Labels International, says, "The acquisition of Geoffrey Waldmeyer Associates, an important player in our market, will enable us to build even further on our ability to meet customer expectations. The security label industry is constantly evolving and the level of R&D required to address the ongoing technical challenges calls for a scale of operation that this acquisition will help us to achieve."
"I should like to thank our customers for the pleasant way in which we have conducted our business over, in some cases, nearly 25 years," Geoff Waldmeyer adds. "In Security Labels International, we have found a company that will work to the highest standards to provide the level of service our customers are entitled to expect. Although I shall now retire, I remain available to the company to ensure the smoothest of transitions. I wish our customers and business associates every success in the years ahead."