Clements Engineering

Acquirer: SLX Group

SLX Group has successfully completed the acquisition of Clements Engineering, a prominent UK provider of bespoke marine propulsion engineering solutions, marking a full exit for its founder Paul Williams after 25 years.Summary of transaction details:Value: UndisclosedSector: Marine EngineeringAdvisor: KBS CorporateKey Entities: Clements Engineering (Target), SLX Group (Acquirer)Location: Little Staughton, Bedfordshire, UKNote: This strategic acquisition by SLX Group is poised to enhance its market presence in the marine engineering sector, leveraging Clements' specialized manufacturing capabilities to offer an expanded array of products and global technical support, ensuring continuity and opportunities for growth.