Unicorn Mouldings, a manufacturer of industrial, commercial and domestic flooring is set to create ten new jobs following the acquisition of Belgian based Ecoloc flooring with production being relocated to Northern Ireland.
The company employs 75 people and currently operates from production sites in Lisburn and Markethill manufacturing Flexi-Tile, a revolutionary loose-lay interlocking PVC floor tile.
The acquisition of Belgian based company Ecoloc, who pioneered interlocking flooring in 1983 with their Lock-Tile brand, will see production transfer from its facility in Spain to Markethill, bringing eight jobs there and the remaining two based in Lisburn.
The deal is set to treble the size of the business which currently exports to Germany, Austria, France, Spain, Belgium, The Netherlands, Lithuania, Denmark, Switzerland and many more.
The tiles are injection moulded in a range of finishes suitable for factories, warehouses, gyms, airports, offices and domestic use.
The tiles cut down on labour costs and reduce disruption due to quick and easy installation.
“In acquiring the successful Ecoloc brand Lock-Tile, we are now enabled to offer customers across Europe and unrivalled product offering,” said Unicorn MD Roger Pannell.
“The acquisition strengthens the company’s distribution network and affirms the position as Europe’s largest manufacturer of PVC interlocking floor tiles.
“The market in this sector is growing, not just in Europe but also worldwide. By aligning all production in Northern Ireland, this indicates our commitment to the local workforce and the Northern Ireland manufacturing industry.”
Stephen Kelly, Chief Executive of Manufacturing NI commented, “We would like to congratulate Roger and the team on this exciting acquisition.
“This is great news for the company and indeed for manufacturing in Northern Ireland. It opens up new export markets but also increases our production capability at home.
This big, brave investment, backing themselves and indeed the NI workforce to be successful is just the type of investment that we should be encouraging.
“We can, and frequently do, beat the world with our manufacturing, innovation and market development expertise and we are sure that Unicorn Mouldings will be the latest high profile success for Northern Ireland’s manufacturing base.”