As we start a New Year, we wanted to look back on 2020, what it has brought for CeraCon UK and the changes that have been made during the year. Despite the difficulties that coronavirus has brought to companies across the UK, CeraCon have been lucky in weathering the storm and we continue to grow our customer base and develop the sealing options we can offer our customers.
Some of the main highlights of 2020 include exhibiting early in the year at both Southern Manufacturing at the Farnborough Exhibition Centre and at Engineering Solutions Live in Gaydon, the development and installation of our R&D cell for sealing battery-electric-vehicles and being featured in the Nov/Dec double issue of the Lighting Journal.
However, the most exciting change from the year has been something that has been going on behind the scenes. In December CeraCon UK completed a management buyout and became a fully independent UK owned business! The MBO was led by Managing Director Robert Jones, who has run the business since its establishment in 2013. Our thanks to Lloyds Bank for supporting the necessary funding process.
Robert said “We are thrilled to be able to take the business forward independently, developing new markets and customers in the UK, whilst still being supported by CeraCon Gmbh. I have to thank the Coventry and Warwickshire Enterprise Partnership, Lloyds Bank and my business advisers for the help and support, in that satisfactory completion of this acquisition.”
Despite becoming independent, CeraCon UK will continue to work closely with CeraCon GmbH; operating as the exclusive agent for CeraCon products and technology within the UK and Ireland, including the CeraPUR foam material.
CeraCon UK would also like to thank our solicitor, Oliver Hughes of Hughes Legal and Steven Mugglestone of accountants, Michael Harwood & Co. for all their assistance throughout the process.
We look forward to the new challenges that 2021 will bring and want to thank our customers for their continued support throughout the past year.