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Synnovia is a niche manufacturer of specialist products. Applications for these products vary widely and examples include:
- Packaging for the food manufacturing and distribution – films, sacks and pouches
- Steering columns and instrument control knobs in the automotive industry – plastic bearings
- Hydraulic and industrial rubber hose manufacture – various types of mandrel
- Cardboard box manufacture – creasing matrices.
Synnovia’s business model is based on understanding customers’ problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.
The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further two factories in Asia and one factory in the USA. Approximately 49% of its sales are made outside the UK to more than 80 countries.
Directors & Management
Biographical details for each director can be found under the Board of Directors section.
The Board meets six times a year and is responsible for formulating, reviewing and approving strategy, budgets, acquisitions, capital expenditure and senior personnel appointments. The executive directors and senior management meet regularly to review and consider operational matters. The Board comprises of an Executive Chairman, one Executive Director and three Non-Executive Directors. Two of the Non-Executive Directors are independent of the executive management.
Country of Incorporation
Country of Operation
Synnovia consists of six key operating subsidiaries in the UK:
- Bell Plastics – Poole, Dorset
- BNL – Knaresborough, North Yorkshire
- C&T Matrix – Wellingborough, Northamptonshire
- Flexipol – Haslingden, Lancashire
- Palagan – Dunstable, Bedfordshire
- Synpac – Hessle, Yorkshire.
The Group also has a manufacturing and assembly operations in Thailand, one manufacturing facility in China and one in the USA, with sales offices in the Italy, USA, Japan, India and China.
Articles of association
See our Articles of Association.
Details of any other exchanges or trading platforms
The Company is not listed on any other exchanges or trading platforms.
As at 6th December 2018, the total number of Ordinary shares in issue was 38,995,151.
As at 6th December 2018, the percentage of Ordinary shares not in public hands was 39.2%.
There are no restrictions on the transfer of securities.
See Regulatory News.