A WEARSIDE firm has beaten more than 60 others to a £12.5million deal.
OpSec Security has snapped up Tamworth-based Delta Labelling, which designs, develops and supplies labels and brand protection products to some of the world’s top clothing brands.
Its labels have been used on garments for major sporting events including the football, rugby and cricket world cups, Olympics and Ryder Cup.
Delta Labelling employs 11 people at its headquarters, with a further 14 at its Far East subsidiary in Hong Kong.
A shareholders’ decision to look for a buyer a buyer saw more than 60 companies expressing serious interest.
The Washington firm is the UK arm of the Denver-based OpSec Security Group, a world global leader in anti-counterfeiting technology as well as physical and online brand protection for more than 300 companies and more then 50 governments.
Chris Ryan of BCMS Corporate, which assisted with the takeover, said: “We are absolutely delighted to have secured the multimillion-pound sale of Delta Labelling, and are extremely confident that with the support of OpSec, the business can continue to go from strength to strength within its field.”
Delta Labelling director Jim Bowman said: “We are extremely pleased to be joining forces with OpSec and the opportunity to offer brands an enhanced suite of solutions to ward off counterfeit and grey market goods across all industries.”