Lamplas

Acquirer: MPM Group

MPM Group has successfully acquired Lamplas, a specialist in composite mouldings, following a two-decade-long collaboration. This strategic move aims to expand MPM Group's product portfolio, enhance manufacturing capabilities, and broaden its market reach.Summary of transaction details:Value: UndisclosedSector: Composite Mouldings, ManufacturingAdvisor: KBS Corporate (Will Griffiths)Key Entities: Lamplas (Target), MPM Group (Acquirer)Location: Target based in Consett, Co Durham; Acquirer based in Bramley, Leeds (both UK)Note: This acquisition unites two long-established family businesses, integrating their strengths and values to drive growth, improve customer supply chains, and enhance their collective position in the composite mouldings market.