Spacious new home for the Matting team
Meanwhile, additional land had been acquired in Fleckney and plans for the construction of a dedicated building for COBA’s Matting Division were made.
Work commenced in 2006 on this £2 million project to create offices and a warehouse facility and completed in 2007. The Matting team moved into their spacious new home.
COBA Europe Ltd is born
At the same time, a decision was made by the directors of COBA Plastics Ltd to restructure the company to allow each business to focus on its core activity. The UK Matting Division became COBA Europe Ltd leaving COBA Plastics Ltd to concentrate on its prime function of extrusion manufacture with both businesses trading as part of the parent company, COBA International Ltd.
With this corporate infrastructure in place, COBA International was poised to make further acquisitions. The first came in the form of Moving Edge Ltd in 2008, a privately owned yet well established safety knife manufacturer, which fitted in neatly with COBA Europe’s own product range for the Health and Safety market. Initially retaining its trading name of Moving Edge Ltd, this has since become a brand of COBA Europe Ltd.
Copely Developments Ltd
A further acquisition was formalised in 2010 when world-established hose and tube manufacturer, Copely Developments Ltd based in Leicester, joined the dynamic COBA International family.
This has brought with it exciting change and growth for the Copely business, as well as an acquisition in its own right of Fleckney based hose manufacturer, Emplas Ltd (August 2013).
New opportunities and engineering capabilities
But that was not the only acquisition in 2013. Earlier in the year (May 2013), COBA International acquired a key supplier in the form of Bowden Precision Engineering in a strategic initiative bringing new opportunities and engineering capabilities for all concerned.
If there is a name that never stands still – it’s COBA.