Howes Percival have acted for Carbon Component Solutions, a leading composite component manufacturer situated in Silverstone, on its purchase of 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, commented: “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, commented: “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. We would highly recommend both of their services.”
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).
Howes Percival’s Matt Thompson, Partner, commented:
“It has been a real pleasure to have advised Bryn and Scott Noon on the acquisition, helping Carbon Component Solutions expand its portfolio. The acquisition comes during an extremely busy few months for Howes Percival’s corporate team and I am anticipating a number of additional deals completing before the end of the year.
“Carbon Component Solutions is well-placed within Silverstone’s expanding tech and manufacturing industries. Northamptonshire has always had a competitive manufacturing industry and this acquisition ensures that Carbon Component Solutions remains a leading business within the field. I look forward to working alongside Bryn and Scott in the future.”
For more information on Howes Percival’s Corporate team or help with acquisitions or disposals, please visit our Corporate Services page.