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Banner Chemicals UK acquires Stowlin Ltd

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16 December 2014

Banner Chemicals UK acquires Stowlin Ltd
Solutions for metals surface treatment, cleaning and phosphating

Dear Business Partner,

We are delighted to advise you that the shareholders of Stowlin Ltd and of Banner Chemicals Ltd UK have agreed to join forces.

Banner Chemicals Ltd UK will acquire the entire share capital of Stowlin Ltd from Mr Nigel Sullivan. We are pleased that Nigel will continue to lend his support and expertise as consultant to the business.

Stowlin’s customers will enjoy a seamless service as operations, sales and marketing activities will continue as usual from the Leicester based site.

The joint portfolio of Banner’s PCS (Precision Cleaning Solutions) Business Unit and Stowlin will provide customers with an enhanced and complete range of solutions for metal surface treatment, cleaning and phosphating.

“I am delighted that Stowlin will be joining Banner. Banner’s long history and product expertise will provide a sustainable base and increased offering to our current customers, who will reap the benefits” said Mr Nigel Sullivan MD of Stowlin.

“By joining forces, we are providing our existing and future customers with access to a wider and richer product portfolio” said Mr Mottie Kessler, Chairman & CEO of 2M Holdings Ltd, the owners of the Banner Chemicals Group of companies. “We are also adding Leicester to the existing Banner distribution map, meaning we can reach our customers more quickly and easily, wherever they are.”

Customers for Stowlin products should continue to place orders with Stowlin and Banner’s PCS customers with Banner Chemicals. Over time, a combined offer will be developed for the benefit of both customers and suppliers.

For further information please contact:

Mr Mottie Kessler – Chairman & CEO – 2M Holdings
+44 (0) 1928 597 000
mkessler@bannerchemicals.com

About 2M Holdings Ltd:

2M Holdings was founded by Mottie Kessler in 2004, the present Chairman and CEO, with a long term objective to grow an international chemicals distribution portfolio based on excellent companies with strong brands.

2M Holdings includes a portfolio of 5 branded companies of chemical distribution and related chemical services of sample management, storage and blending.

2M Holdings is a wholly owned private company, headquartered in the UK and with an international presence in: China, Benelux, Ireland, Poland, Scandinavia and Brazil.

2M Holdings’ business focus is on automotive, precision cleaning, coating, emission reduction AdBlue, oil-field & refineries, flavours & fragrances and surfactants for: personal-care, household & industrial hygiene cleaning and pharmaceuticals.

2M Holdings Companies produce AdBlue, SamSol Products, Packed Chlorine (cylinders and drums) and TRIKLONE™ & PERKLONE™ (Chlorinated Solvents).

Further details see on:

www.2m-holdings.com
www.bannerchemicals.com
www.surfachem.com
www.samplerite.com
www.mpstorage.com
www.packedchlorine.com

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