Strategic beginnings
In a strategic move that marks a new beginning, Prismo, previously under PPG Traffic Solutions EMEA and formerly known as Ennis-Flint, proudly announces a successful management buyout led by its existing management team, General Manager, James Moore and Finance Director, Andy Jourdain.
The company is a world-leading manufacturer and supplier of road markings and traffic safety solutions with a wide range of high-performance products, from hot-applied and preformed thermoplastics to innovative traffic paints, road studs, high friction surfacing, bridge expansion joints, crack sealants, MMA, epoxy, and indoor flooring paints.
The History of the Business
The MBO heralds a new era in the company's long and illustrious history which stretches back to 1935. It will see the business return to its origins as it rebrands to Prismo. Renowned for is innovative apporach to road safety, Prismo has been at the forefront of road marking products for over 88 years, and was the first to bring many new technologies and solutions to the market. Prismo has built a global reputation for outstanding quality, service, and innovation, and it is these pillars that still underpin the company today.
The MBO also sees the company move to wholly independent ownership and the freedom that this brings. Commenting on his vision for the business, James Moore said: "This is a key turning point in the company's history. The move to independent ownership will give us the freedom to implement our exciting strategy for growth and to drive the business forward. It will also allow us to provide a more personalized service to our customers and to deliver enhanced value." James continued: "The retunr to the Prismo brand is also a pivotal move. Its long-standing success serves as a reminder to the market of our long history, our technical capabilities and our unmatched experience within global traffic safety solutions."
Global Presence
The buyout includes the company's flagship manufacturing plant in Chorley, UK, the largest and most sophisticated thermoplastic production facility in Europe, and additional plants in Italy operating under the esteemed Vernisol brand. Alongside these, the company maintains a strategic presence in South Africa, furthering its commitment to a global approach in traffic safety solutions. The Italian facilities, known for their high-quality waterborne and solvent-based paints, as well as MMAs, reinforce Prismo's position as a world-leading manufacturer of sustainable traffic safety solutions.
Vernisol, a respected name in the Italian market for over 42 years, will continue to operate as Vernisol by prismo. "Our Italian operations, under the Vernisol brand, represent a vital part of our global strategy," says Andy Jourdain. "We are excited to introduce Vernisol's innovative products to a broader European audience, leveraging our combined expertise to enhance road safety standards worldwide."