Stamp manufacturer COLOP has announced a change to its go-to-market strategy in the UK.
The Austria-based manufacturer has decided to restructure its UK operations in a move that will see the closure of its local branch and the business transfer to distribution partner Greenstik Materials.
The distribution agreement with Yorkshire-based Greenstik – a leading supplier in the crafting segment – came into effect on 1 February. COLOP UK Managing Director Chris Deighton, along with three colleagues, will be transferring over to Greenstik. There will now be a transition period that will culminate in the closure of COLOP’s site in Birmingham on 31 March.
Deighton commented: “While this is a significant change, it makes good sense for the business and will allow us to continue to grow and be a force within the UK market. For me personally, I will be able to become more customer-facing moving forward.”
He added: “I would also like to place on record my extreme gratitude to those members of my team that are not able to transfer, and who are working tirelessly to ensure a smooth transition in difficult circumstances for themselves.”