Blackthorn Capital advised GPMI on their recent acquisition of Reilly Plastics. Diversification and growth by acquisition is the way forward for some business sectors now.
GPMI Holdings has recently (2020) acquired Reilly Plastics in Navan. This is a small and opportunistic acquisition which came about as the owner was retiring. Reilly Plastics was established in the early 1990’s and supplies plastics to a wide and varied customer base including food processing/servicing industry as well as engineering firms. Bernard Hoey was seconded to the position of General Manager last August and is leading a team of three staff. This move represents further diversification for GPMI. We wish Bernard well in developing and growing the business in the future.