Formaplex
Formaplex Technologies VoyagerPark
Unipart has acquired lightweight components manufacturer, Formaplex Technologies. Active in the automotive, aerospace, motorsport, and healthcare industries, Formaplex Technologies was established two decades ago. Additionally, it is a specialist tool partner in Formula One and counts McLaren as one of its customers.
“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,” said Jorg Laser, Chief Procurement Officer at McLaren. “We are excited to see the innovative solutions and continued excellence that this combination will deliver for us.”
Following the acquisition, Unipart will integrate the operations into its pre-existing manufacturing portfolio to ensure continuity while maintaining high operational and safety standards. Formaplex will also face a re-brand and will be known as Unipart Polymer and Composite Solutions.
“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,” said Darren Leigh, Chief Executive Officer of Unipart. “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.”
Carol Rose Burke, Unipart Manufacturing Group Managing Director, added: “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.”