M&A Deal Summary

Radius Systems Acquires Tricorn Group - Redman Fittings Business

On November 18, 2013, Radius Systems acquired plastics company Tricorn Group - Redman Fittings Business from Tricorn Group

Acquisition Highlights
  • This is Radius Systems’ 1st transaction in the Plastics sector.
  • This is Radius Systems’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2013-11-18
Target Tricorn Group - Redman Fittings Business
Sector Plastics
Buyer(s) Radius Systems
Sellers(s) Tricorn Group
Deal Type Divestiture

Target

Tricorn Group - Redman Fittings Business

United Kingdom
Tricorn Group - Redman Fittings Business is one of the UK's major suppliers of Polyethylene pipes and fittings to the Gas and Water utilities sector.

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Buyer(S) 1

Buyer

Radius Systems

Derbyshire, United Kingdom

Category Company
Founded 1969
Sector Building Materials
DESCRIPTION

Radius Systems Ltd. is a manufacturer of thermoplastic pipe systems for the gas, water and telecom utility markets.


DEAL STATS #
Overall 1 of 1
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Tricorn Group

Malvern, United Kingdom

Category Company
Founded 1986
Sector Manufacturing
Employees240
Revenue 19M GBP (2020)
DESCRIPTION

Tricorn Group, through its subsidiaries, is a developer and manufacturer of pipe and tube assemblies worldwide. Tricorn Group was founded in 1986 and is based in Malvern, United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector: Plastics M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: United Kingdom M&A 1 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-04 Whitley Products

Franklin, Indiana, United States

Whitley Products is a premier supplier of precision tubular products and related components integral to the performance of diesel engines used primarily in the automotive, agricultural, medium and heavy-duty truck industries. Whitley Products is headquartered in Pierceton, Indiana with plants in Plymouth, Indiana and Franklin, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-06 RMDG Aerospace

Swadlincote, United Kingdom

RMDG Aerospace Ltd. is a manufacture of aerospace components and rigid pipe assemblies and precision components for the aerospace sector. RMDG Aerospace was founded in 1838 and is based in Swadlincote, the United Kingdom.

Sell £1M