Media One (“M1”), a leading full-service integrator and value-added distributor of wide-format printing solutions, announced today that it has acquired the U.S. business and assets of Premex Solutions, a leading supplier of high-quality, print-ready fabrics for the digital textile printing industry. Premex Solutions builds on the more than 40-year textile heritage of its parent company, Premier Textiles UK, an independent family-run business founded in 1981, with a modern focus on digitally printable fabrics for the U.S. market.
The acquisition builds on Media One’s growing portfolio, alongside Fisher Textiles and Hyperflex Vinyls, and expands the range of applications and solutions Media One and Fisher Textiles can bring to its customers in the home décor, interior décor and fashion markets. Premex Solutions brings an extensive range of high-quality, print-ready fabrics, deep textile knowledge and technical expertise, and established customer relationships that round out Media One and Fisher Textiles’ existing product and service offerings.
“We’re excited to welcome Premex Solutions to the Media One family,” said Jake Feldman, Chief Executive Officer of Media One. “Premex has developed best-in-class print-ready and pre-treated fabrics, along with real technical depth in natural and specialty textiles that complements our own printing technology and service expertise. Paired with our differentiated printing solutions, distribution scale and nationwide technical support, we can now bring an end-to-end, industry-leading solution to the home décor and apparel markets.”
Premex adds textile depth to Media One portfolio
Premex Solutions will join Media One’s growing portfolio alongside Fisher Textiles and Hyperflex Vinyls. The combination extends Media One’s integrated model into home décor and apparel, bringing together print-ready fabrics, printing equipment, inks, finishing solutions and nationwide technical service under one organisation. Premex Solutions customers will continue to work with the people and products they know today while gaining access to Media One’s broader capabilities and support.
“Premier Textiles has been my family’s business for more than four decades, and we are extremely proud of the reputation, relationships and textile expertise we have built over that time,” said Ashok Kallumpram, Managing Director of Premier Textiles. “Premex Solutions represents an important extension of that legacy into the U.S. digital printing market, so finding the right long-term home for the business was very important to us. We believe Media One shares our commitment to customers, people and the textile industry and has the capabilities and vision to build on that legacy for many years to come.”
“This is an exciting next chapter for Premex Solutions,” said Nick Smith, Managing Director of Premier Digital Textiles. “Combining our textile expertise and product portfolio with Media One’s broader digital print capabilities creates meaningful opportunities for our customers and our team. We look forward to supporting a smooth transition and helping build on the momentum Premex Solutions has created in the U.S. market.”
Financial terms of the transaction were not disclosed.
