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Diamorph Group Holdings Limited is to acquire defence sector composites specialist Permali Gloucester Limited.
This follows the acquisition in March of Birmingham-based Tufnol Composites Ltd, which manufactures composites for the aerospace industry.
Diamorph Chief Executive, Gordon MacLeman said: “These acquisitions allow Diamorph to broaden its composites competency and enter new markets. Permali has a long history of developing bespoke composite solutions for critical defence applications since the 1930s, whilst Tufnol has been manufacturing high performance composites since the 1920s and has a highly regarded brand and reputation for delivering market leading wear performance in the Aerospace sector.”