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Unipart expands UK manufacturing capabilities through acquisition of Formaplex Technologies
Unipart will integrate the operations into its existing manufacturing capability portfolio, ensuring continuity and maintaining the high operational and safety standards both companies deliver. From today, Formaplex will be rebranded to Unipart Polymer and Composite Solutions.
, said: "Growing our manufacturing capabilities through this acquisition expands our offering and aligns perfectly with Unipart's growth strategy to offer our existing and new customers a breadth of supply chain solutions and performance improvement technologies. It reinforces our commitment to enhancing and growing the UK supply chain.
"I am pleased to welcome the Formaplex team to Unipart and excited about the potential this acquisition unlocks for innovation and growth, enabling us to expand our portfolio and strengthen our position in the UK manufacturing sector."
, said: "We strongly value our long-term supply relationship with Formaplex and we welcome the specialist capabilities that Unipart, a long-standing partner of McLaren, now brings to enhancing this relationship. We are excited to see the innovative solutions and continued excellence that this combination will deliver for us."
, said: "I am delighted we are further investing in our UK manufacturing capabilities through the acquisition of Formaplex. It will further support supply chains involved in delivering powertrain products used for internal combustion engines and electrification, as well as enhancing our offer for a growing number of uses in various other sectors such as construction and rail."
07920 586592 katy.farrington@unipart.com
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