On 1st December Windmill acquired Commercial Label Products as part of our continuing growth strategy in self adhesive printed labels and plain labels. We had identified investment in a major digital label facility as a key driver for growth . The printed tape and label markets are very competitive and organic growth rates have been low over the last couple of years due to the challenging economic environment in which we operate. We felt that the returns on the acquisition would enable us to move forward more quickly.
The merging of the Windmill & CLP facilities is very exciting and gives us a unique opportunity of adding to our own printed label offering by introducing digital labels as well as inkjet and rotary letterpress. We also have a very efficient production facility for plain labels meaning there are no label jobs that we cannot take on regardless of run length. We now have printing capability on HP Indigo, Xeikon, Jetrion and Markandy presses along with plain label production on our in line Vectra slitter/rewinder. 2012 promises to be a good year as we begin to offer our range of products to a wider customer base.
