Strategy
The Group's strategy is to invest in Specialised Distribution businesses with long term growth potential in the UK, North America and Continental Europe.
The businesses should all have the potential to sustain superior margins over time, under-pinned by:
- quality of customer service
- depth of technical support
- value adding activities
The objective is to build more substantial, broader based businesses which meet these criteria in the three sectors of:
- Life Sciences
- Seals
- Controls
Strong, self standing management teams are in place in the operating businesses, motivated and rewarded according to their success. The Group head office is small and focused on strategy and financial control.
Diploma has a solid financial record and is strongly cash generative as a Group. It has the resources and experience to accelerate growth through acquisitions.