Accrol a Lancashire-based independent tissue converter has acquired Severn Delta Limited, a £5 million revenue wet wipe and tumble dryer sheet manufacturer based in Somerset.
The acquisition of Severn Delta demonstrates the Group’s ambition to broaden into other household products through acquisitions which strengthen and extend the existing product offering. Severn Delta brings additional capacity and new capabilities to Accrol’s growing wet wipe segment.
Severn Delta currently operates four production lines from its 33,000 sq ft facility at Bridgwater, with three lines manufacturing biodegradable personal care, household, and disinfectant wet wipes, and the other producing tumble dryer sheets.
Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes. The UK soft tissue market is worth £1.6bn with private label products comprising circa 50%. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.