Carbon Component Solutions, a composite component manufacturer situated in Silverstone, has acquired Arnold Engineering Plastics.
Arnold Engineering Plastics, a well-established manufacturing business based in Northampton, was previously owner managed by the Larkins family, who shared a long-standing relationship with Carbon Component Solutions.
The firm has specialised in plastic manufacturing for 50 years and the acquisition has enabled Carbon Component Solutions to expand the manufacturing services and goods available to its clients.
Co-owner and director of Carbon Component Solutions, Bryn Noon, said: “Purchasing Arnold Engineering Plastics is an exciting opportunity to expand our business and manufacturing capabilities. We have had a strong relationship with AEP for some time and we’re now excited to work alongside Peter Larkins to integrate the two businesses together into Carbon Component Solutions’ wider services.”
Co-owner and director of Carbon Component Solutions, Scott Noon, said: “We are looking forward to being able to provide our clients and customers with a greater range of services which was one of the driving forces for us doing this transaction. We couldn’t have done the deal without our team of advisors, Howes Percival and CED Accountancy Services, who provided clear guidance throughout and their combined project management got the deal over the line.”
Howes Percival’s team comprised Matt Thompson and Matt Mayes (Corporate), Graham Irons and Sobia Ahmad (Employment), Rob Starr (Regulatory) and Owen Franks (Commercial Property).