Lamplas

Composite mouldings specialist Lamplas, based in Consett, Co Durham, has been acquired by its two-decade partner, MPM Group, a leading UK composite mouldings manufacturer and supplier based in Bramley, Leeds.

Summary of transaction details:

• Value: Not Disclosed
• Sector: Manufacturing
• Advisor: KBS Corporate
• Key Entities: Lamplas (Target), MPM Group (Acquirer)
• Location: Consett, Co Durham (Lamplas); Bramley, Leeds (MPM Group)

Note: This acquisition is a strategic move for MPM Group to expand its product portfolio, enhance manufacturing capability, technical expertise, and broaden its market reach, while securing the legacy of Lamplas within a long-term partnership.