NEWS
TILSATEC LIMITED ACCELERATES GROWTH WITH ACQUISITION OF TILSATEC NORTH AMERICA LLC
Tilsatec Limited (Tilsatec), part of The DMC Group has acquired Tilsatec North America LLC (TNA).
For over a decade TNA has been the brand and technology partner of Tilsatec, distributing products made from Rhino Yarn Technology across North America.
In this time TNA has established itself as one of the largest cut resistant hand protection partners to the USA automotive industry and has gained leading positions in other industrial sectors including pulp and paper, construction, and oil and gas.
Managing Director Ben Griffiths said: “Through TNA, the Tilsatec brand has had a presence in North America for some time, so we’re delighted to welcome TNA’s loyal employees, customers and distribution partners into the Tilsatec family.
“This strategic acquisition represents a significant opportunity for expansion in both markets and is pivotal in driving our ambitious growth plans within the hand protection PPE sector. As leader of the newly combined business, I am excited where this will take us and I look forward to working with the TNA team even more closely to accelerate our delivery of innovation to the market.”
Tilsatec and TNA will now begin a period of transition for up to 12 months. During that time the key focus for the company will be on maintaining quality and product excellence whilst aligning systems and logistics across both businesses.
https://tilsatec.com
WILLIAM MARTIN SEES SUBSTANTIAL SOFTWARE GROWTH IN 2023
Health, safety and property compliance firm William Martin has reported a record financial performance in 2023, driven by increased demand for its software platforms.
Founded in 2004 and operating out of Bromsgrove, William Martin was acquired by Marlowe plc in 2018. It offers health and safety compliance software solutions alongside traditional consultancy services. In the past year, the firm achieved a 30% increase in sales of its risk management software and a massive 300% increase in revenue for its emergent supply chain management platform, Prosure360.
In all, the company took on almost 150 new clients in 2023. The majority of these came from the property management industry, including Dundee-based property consultants Graham & Sibbald, although new business was also won in brand new sectors such as education, retail and hospitality.
As a result of this recent growth and ambitious plans to continue this trajectory in the coming year, the firm has expanded its workforce, bringing in new employees across its consultancy, operations, marketing, and business development teams – and is still recruiting.
Managing Director Phil Jones attributes last year’s success to recent investments by the company to improve its software product offering. He said: “2023 was a landmark year for William Martin. Record sales of our compliance management software, Meridian, were
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boosted by investments we made in enhancing its functionality and further improving user experience.
“Our new supply chain software, Prosure360, also completed its first year of trading in 2023. By the end of the year we had onboarded over 1,400 service providers, far beyond our initial expectations. Those suppliers came from supporting the supply chains of premium brands such as Capri Holdings, Frasers Group and AS Watson. The team also integrated Prosure360 and Meridian, making it easier for our clients to manage their health and safety and supply chain risk across complex portfolios.
He added: “Our traditional field-based health and safety consultancy work also continued to grow, thanks to the expertise of our long-standing team.
“We also took a more direct approach to reaching our ESG goals in 2023. To help offset the work of our field- based consultants, we were able to fund the planting of over 800 trees in Madagascar, helping to restore healthy ecosystems and reduce their overall impact on the environment.”
https://wmcompliance.co.uk/?utm_source=PR&utm_medium=Tomorrow%E2%80%99s+Health+%26+Safety&utm_campaign=PR-Tomorrow%E2%80%99s+Health+%26+Safety
https://wmcompliance.co.uk www.tomorrowshs.com
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