Major shareholding in Mercian labels is secured by management

Specialist security and short run label printer Mercian Labels Ltd has announced that a major shareholding has been bought by Mr Hugo Gell, a main board director of the company.

‘The core competencies of Mercian Labels are right for today's marketplace,’ said Hugo Gell. ‘The company is well positioned to compete in an increasingly demanding environment, catering for short runs and security labels in industry-beating response times and using a very wide variety of materials, adhesives and applications. This investment underlines my commitment to the exciting future of an expanding, highly innovative company and its people.’

A period of significant investment is now underway as the company develops its speciality in tamper evident security labeling. Building on record performance in 2005, the company is one of the few UK labeling companies to successfully make the transition to a second generation management team in a highly competitive marketplace.

‘I am delighted that this investment deal has been completed and we can look forward to an exciting future with Hugo on board the Senior Management team,’ said managing director Dr Adrian Steele. ‘Our new product range of security labels is selling exceptionally well internationally, and we just can not keep up with demand at times. 
With this investment we are very well placed to develop the business further, creating more jobs and securing the future of the business.’