Get In Touch

Asset 1

Cathay Investments acquires Umeco Distribution Limited

30th July 2014 / by admin

Cathay Investments acquires Umeco Distribution Limited

Cathay Investments Limited is pleased to announce the acquisition of Umeco Distribution Limited (formerly GPRMS Limited) from Cytec Industries Inc.

Umeco Distribution Limited, which will change its name to Cathay Composites Limited, is one of Europe’s leading composite distributors and had revenues of over £31m for the year ended 31st December 2012.

Over the last 40 years, it has developed a hugely successful business through its local expertise and experience and by its ability to combine the delivery of world class products with world class service.

The business has strong long term supply partnerships with the world’s leading composite manufacturers such as Ashland performance materials, Jushi Group and Cytec, which enables it to offer a wide range of world class composite products to its customers.

“We are excited to continue our long-standing, successful relationship with Cathay Composites” said Andrew Miller, sales director composites, Ashland Performance Materials, EMEA.

Cathay Composites joins Marpex Chemicals Limited in the Cathay group of companies. Marpex specialise in the export of chemicals used for coatings and personal care products, supplying markets across Africa and the Middle East.

Ben Chaing, Managing Director of Cathay Investments said, “Cathay Composites is a core part of our strategy to expand into new markets and products. We look forward to working with the Cathay Composites team to grow and develop the business further. We are very excited to develop the relationships with Ashland, Jushi and Cytec together with our other supply partners.”

Recent Posts


Amethyst partners with Now Group

Amethyst Group Limited ("Amethyst") is delighted to announce a new partnership with Now Group UK Limited ("Now Group") to provide its warehousing and distribution services. Amethyst is a 3PL provider…

Amethyst partners with Smash Global

Amethyst Group Limited ("Amethyst") is delighted to announce a new partnership with Smash Global ("Smash") to provide its UK warehousing and distribution services. Amethyst is a 3PL provider and offers…

Euroresins to exhibit at Advanced Engineering 2018

The largest engineering show in the UK is back again celebrating its 10th anniversary at the NEC in Birmingham from 31st October – 1st November 2018. The event hosts multiple co-locating…

GDPR and Privacy Policy

In light of the new General Data Protection Regulation (GDPR) that came into effect on 25 May, we have updated our Privacy Policy. If you want to find out more…