Tritech Group acquires BRP Composites
BRP Composites, a UK prototyping specialist and manufacturer of parts for motorsports, supercars and F1 teams, has been acquired by Tritech Group, in a transaction advised by BCMS.
Hampshire-based prototyping specialist BRP Composites has been making carbon fibre, glass fibre and Kevlar components – predominantly for the supercar, motorsports and F1 industry – since 2001, and has grown to become a leading subcontractor in its field.
The deal, which completed in 2016, sees BRP join Tritech Group of Wrexham – a UK subsidiary of India’s Neterwala Group – for an undisclosed sum.
“I would like to thank BCMS for helping us negotiate to this successful conclusion” – Neale Blunden, BRP
Tritech Group Managing Director Ian Walker said: “We have been looking for an automotive prototyping specialist for some time, as there is significant crossover with our core aerospace business. BRP Composites has a superb track record and cutting-edge engineering skills, which will benefit our combined customer base with new innovative products.”
BRP founding director Neale Blunden commented: “Being part of a bigger group means we can accelerate our growth plans, and launch into new markets. I would like to thank BCMS for introducing us to Tritech and helping us negotiate to this successful conclusion.”