Killarney

<h3>Killarney based Tricel Composites, part of the Tricel Group, has announced its latest acquisition with Dublin&#8217;s MID GlassFibre Supplies Ltd.</h3>
Founded by Liam and Jacqueline Phelan, the company is well established and respected in the Irish market. It is strategically located in Dublin to complement Tricel&#8217;s already solid position in distributing composite materials on the island of Ireland.
By acquiring a company specialising in marine and roofing, Tricel said that they are further strengthening their presence in this industry.
As part of the group&#8217;s growth strategy, the move follows the recent acquisition of BioKube in Denmark and two acquisitions in the French market.
&#8220;We are delighted to have found the perfect partner in Tricel and to have the opportunity to further expand our operations within the Irish market,&#8221; Liam Phelan of MID GlassFibre Supplies Ltd said.
Sean Ward, Managing Director of Tricel Composites NI, added, &#8220;to accelerate our development in Ireland, we have chosen to partner with MID GlassFibre Supplies Ltd, a major player in distributing composite materials with whom we share a similar corporate culture&#8221;.
&#8220;With this acquisition, the company significantly strengthens its technical capabilities and composite distribution business in Ireland.&#8221;
Robbie Larkin, Head of Distribution, said the acquisition forms part of the distribution growth strategy to strengthen their position as industry leaders.
&#8220;We are delighted to welcome Liam and his team to the Tricel Group and look forward to growing this business over the coming years.&#8221;

Tricel continues growth strategy with latest acquisition

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