Lancashire polymer specialist wraps up £10m acquisition
Lancashire-based polymer specialist Victrex has acquired Gloucestershire company Zyex, a manufacturer of PEEK based fibres for the aerospace, automotive and industrial sectors, for £10m.
Victrex says the investment is in line with its downstream strategy and focus on selected semi-finished and differentiated products, based on PEEK and PAEK polymers.
Zyex is a well-established and profitable business with a £7m turnover and a staff of 22, based solely on PEEK products.
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