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Permali conditional acquisition by Diamorph Group Holdings Limited

Diamorph Group Holdings Limited announces that it has signed a conditional agreement to acquire Permali Gloucester Limited, a Gloucester-based manufacturer of composites, predominately for the Defence sector. Diamorph is anticipating completion of the Permali acquisition within the coming months.

Permali conditional acquisition by Diamorph Group Holdings Limited
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That it also completed the acquisition of Tufnol Composites Ltd (“Tufnol”), a Birmingham-based manufacturer of composites, predominately for the Aerospace industry on 5th March 2021.

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 1930’s, whilst Tufnol has been manufacturing high performance composites since the 1920’s and has a highly regarded brand and reputation for delivering market leading wear performance in the Aerospace sector.”

More information www.permali.co.uk