Mon, 26 May 2025 | BUSINESS NEWS
Customark, a printing and labelling manufacturer headquartered in Stourbridge, is poised to continue to grow through acquisitions after securing new funding. The company has secured a £2 million loan from challenger bank Allica Bank to finance its next acquisition.
Customark was founded in 1968 and, since then, has primarily grown organically. In addition to its headquarters in Stourbridge, the firm has sites in Oxfordshire, Wiltshire, Leicestershire and Cambridgeshire.
More recently, Customark has started executing strategic acquisitions, with deals including takeovers of Charnwood Label Craft, Kingsbury Screens and Industrial Screen Print. In its most recent deal, Customark acquired Goldcrest (Adhesive) Products Ltd in November 2024 in a transaction that added £1.4 million in turnover, taking company revenues to around £12 million.
After securing the funding to pursue its next acquisition, Customark Managing director Greg Lerigo said: "Goldcrest operates in market sectors that align perfectly with Customark. It was a natural and exciting fit for us, and we're thrilled to welcome their wonderfully talented team into our growing business.”
"We're now looking ahead to what possible acquisitions could come next. And we're incredibly grateful for the support of Allica Bank who have given us the funding to act quickly when the right opportunity arises."
Eugene Vichare, Customark’s Relationship Manager at Allica Bank, has been working closely with the business since 2024 and said that Greg Lerigo and his team “have a clear vision for where they want to take the business, and 2025 is set to be a huge year for them.”
He continued: “We're delighted to back them with this funding, helping them expand their offerings even further.”
"Customark is a great example of an ambitious Midlands manufacturing business making smart, sustainable moves to grow. This is having a clear, positive impact across the country and we’re excited to see what they do next in the world of printing."
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