Rimor Limited

Rimor Limited, operating under Antech Converting, delivers customized converting solutions for the Paper, Packaging, and Plastics industries, focusing on quality products that enhance operational efficiency. Founded in 1979 in the UK, Rimor Limited specializes in bespoke converting solutions. The company was acquired by LDC in June 2013, although specific financial terms were not disclosed. Chris Riley serves as the CEO, guiding the company’s strategic direction since its inception.

Rimor Limited, now Antech Converting, focuses on tailored converting solutions for various industries including Paper, Packaging, and Plastics. The product lineup includes Air Shafts, Bowed Rollers, Safety Chucks, Differential Shafts, Core Chucks, and Knife Holder Systems, each designed to optimize web handling and material processing. These offerings are essential for enhancing web tension control and efficient cutting processes, catering to a diverse client base engaged in the converting sector across advanced manufacturing regions. In 2015, Antech Converting reported a revenue of USD 12.

78 mn, while the EBITDA for the same year stood at USD -163,113. 5, indicating operational challenges during that period. Rimor Limited is exploring new product developments aimed at enhancing its current offerings, although specific launch dates are yet to be announced. The company is also targeting expansion into emerging markets, which will be detailed in its strategic plan.

The funding from its latest transaction in June 2013 will be utilized to support these initiatives, focusing on enhancing product capabilities and market reach.