Technikraft takes Delta state
Technikraft, a maker of chemicals for the automotive, household and industrial cleaning, handcare and cycling sectors, has acquired a majority stake in its UK compatriot Delta Fluid Technology, which supplies label metal-working fluids. Terms were not disclosed.
Delta, which was established in 2012, has turnover of around £5 million and employs 13 people. It will continue to operate from its existing plant at Sherburn-in-Elmet under managing director Pat Flanagan. Co-founder Andrew Fletcher will remain with the company as a consultant and director.