date:May 17, 2012
The UK-based label manufacturer confirmed yesterday it had successfully acquired the assets of Irish outfit Labelit.
No financial detailswere available although the Devon firm said the buyout would see its workforce expand to 36 with annual turnover expected to increase to 5m in 2013.
Robert Lee, managing director at Tamar, told FoodProductionDaily.com Labelits product portfolio shared similarities with its own but also covered fresh segments that presented the chance for expansion.
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