Skellerup to buy plastics maker for $10m

Fri, 20 Aug 2021

Fresh from delivering a record profit, Skellerup is on the acquisition trail with a $10 million purchase of fellow Christchurch company, Talbot Technologies.The company, best known for its red band gumboots, has made three acquisitions over the past five years, the most recent of which was the silicone rubber tubing maker Silclear.Yesterday, it said it is still on the hunt for acquisitions to grow the business, noting its balance sheet is strong enough to pay for those purchases.Skellerup today said the Talbot acquisition will immediately add t...

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