Nylacast, one of the UK’s leading polymer solutions design and engineering companies, today announced it has completed the acquisition of nylon products manufacturer Viva Nylons.
The Leicester, UK-headquartered company said the move was part of its growth strategy and will aid in its plans to offer a wider range of low-weight, low-friction polymer components to customers in construction, transport, pharmaceuticals, defence, marine and energy.
No fee for the acquisition was disclosed by Nylacast, which now includes Viva Nylons as a wholly-owned subsidiary. The company said Viva would retain its brand for the foreseeable future.
Steve Aldred of Viva Nylons said: “It’s incredibly exciting for the Viva Nylons team to now be part of the much bigger Nylacast family. For the employees of both companies it’s a fantastic opportunity to share experiences and develop further together.”