Handy, a supplier of bedding and upholstery components, has reached an agreement to acquire the non-zip related assets and sales from Aero Zip, which include elastic webbing, hook & loop, piping cord & flanged edge roll, elastic, narrow woven polyester tapes, non-woven fabrics and valance board.
The announcement comes as Will Evans, who founded Aero Zip 40 years ago, revealed his intention to retire, plus the phased closure of Aero Zip.
Adding to an existing product range of over 1500 tried-and-tested components, the acquisition will help Handy expand its offering to UK upholstery and bedding manufacturers, while developing new relationships with current Aero Zip customers.
Nick Harland-Smith, Handy's MD, says: “We are very excited to absorb the Aero Zip product range into Handy Ltd. The business is well known for their high-quality components which will fit perfectly amongst our diverse range of products. We are also looking forward to building new relationships with Aero Zip’s existing customer base and would like to reassure them that this will be a smooth transition period.”