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Somerset fabric manufacturer snapped up by Altrincham investor in major deal

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The acquisition marks the successful exit of UK and Ireland capital investor BGF

Nonwovenn employs 205 staff in the south-west and with new manufacturing capacity coming on stream, it expects to have 225 workers based in the region this year.
Nonwovenn manufacturing site in Bridgwater(Image: STEVE SHARP PHOTOGRAPHY – www.stevesharp.co)

A Somerset manufacturer has been acquired by an Altrincham-based business acquisitions compounder backed by TDR Capital.

Bridgwater-headquartered Nonwovenn, a fabric-technology company and a major employer in the county, has been snapped up by CorpAcq Group for an undisclosed sum.

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The acquisition marks the successful exit of UK and Ireland capital investor BGF.

Founded in 2003 by current chairman David Lamb, Nonwovenn manufactures and supplies bespoke technical fabrics for niche markets.

The company has a strong focus on harm reduction with its product range including materials for protective clothing and wound treatment. Following an initial multi-million-pound investment in 2016, BGF has supported the business through a period of significant growth.

The company has increased its annual turnover from £19m in 2016 to £46m in 2025. Last year, it invested £1.5m in research and development to enhance its chemical, biological, radiological and nuclear protective wear.

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Mr Lamb said: “We’re proud to have delivered such consistent growth and strong profitability over two decades, whilst remaining committed to maintaining the highest quality and customer satisfaction across our product lines.

Somerset manufacturing company Nonwovenn has announced it is aiming to hit revenues of £50m by next year
David Lamb, chairman of Nonwovenn(Image: Nonwovenn)

“Partnering with BGF has been instrumental in maximising our potential – enabling us to strengthen innovation, diversify product lines and expand internationally. We’re excited to build on these strong foundations in our next phase of growth as part of CorpAcq.”

This exit was led for BGF by Paul Oldham and supported by Louis Hall from BGF’s Bristol team, with Alantra providing CF advice to the Nonwovenn shareholders.

Mr Oldham said: “Nonwovenn has gone from strength to strength since our initial investment in 2016, reflected in the outstanding returns delivered for BGF. This impressive management team has built a loyal customer base by providing consistently high levels of service and product development.

“Our nine-year partnership with the business has been hugely enjoyable and successful and I look forward to seeing how the team builds on their success with the backing of CorpAcq.”

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Stuart Kissen, head of acquisitions at CorpAcq, added: “Nonwovenn is an outstanding business with a leading market position, strong growth prospects and a highly experienced management team.

“We see significant opportunity in the fabric technology space and are looking forward to establishing a long-term partnership with David and his team as Nonwovenn enters the next stage of its development.”

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