Spandex adds safety and reflective products to its portfolio through the acquisition of Lakeside Group
Spandex has announced the acquisition of UK distributor, Lakeside Group.
With over 15 years on the market, Clevedon-based Lakeside Group has built a diverse client base, including local authorities and commercial clients, and has developed in-house testing and converting capabilities.
Its product portfolio spans reflective solutions for street signage, license plates, street furniture, and vehicle livery, as well as anti-graffiti coatings, dew-reducing films, and UV protective materials.
This acquisition allows Spandex to enter the specialised market of reflective solutions and allows them to capitalise on this emerging sector, which it claims is poised for significant growth.
Paul Cooper, Chief Operating Officer of Spandex, says: “We’re proud to have concluded this acquisition, which enables Spandex to take an assertive step into this specialised and highly regulated market segment. Lakeside’s technical expertise and market knowledge perfectly complement our existing capabilities, enabling us to expand our portfolio and position Spandex as a trusted partner, ready to deliver innovative solutions for an increasingly diverse customer base.”
Scott Horne, Managing Director of Lakeside Group, comments: “Having started in this market over 30 years ago, this integration feels like a natural evolution for Lakeside. We’re excited about the opportunities this partnership will bring to our customers, people and the industry at large.”
Scott Horne will continue in his role as Managing Director of Lakeside Group, which will operate independently in the immediate term as part of the Spandex family.
According to the Spandex Group, this acquisition reinforces a long-term commitment to grow and innovate, both in its heritage sectors and in emerging vertical markets, while maintaining its reputation for exceptional, expert-led customer service.
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