Tricel Composites has strengthened its market position in Ireland with an exciting new acquisition.

Dublin-based firm MID GlassFibre Supplies Ltd, which specialises in marine and roofing, was acquired for Tricel's Distribution Division.

Commenting on the acquisition, MID GlassFibre Supplies Founder Liam Phelan said: "We are delighted to have found the perfect partner in Tricel and to have the opportunity to further expand our operations within the Irish market."

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As part of the Group's growth strategy, this acquisition follows the recent acquisition of BioKube in Denmark and two acquisitions in the French market.

Sean Ward, Managing Director of Tricel Composites NI, commented: "To accelerate our development in Ireland, we have chosen to partner with MID GlassFibre Supplies Ltd, a major player in distributing composite materials with whom we share a similar corporate culture. With this acquisition, the company significantly strengthens its technical capabilities and composite distribution business in Ireland."

Robbie Larkin, Head of Distribution, added: "This acquisition forms part of the distribution growth strategy to strengthen our position as industry leaders. We are delighted to welcome Liam and his team to the Tricel Group and look forward to growing this business over the coming years."