Lancashire-based manufacturer of niche rubber products for engineering and industrial applications, Dexine Leyland Rubber Technology Ltd (DLRT), has acquired Elastomer Engineering of Lymm, Cheshire.
The former family-owned business Elastomer Engineering has extensive expertise in polymer science and manufacturing technology, including a range of proprietary products sold into the oil & gas and defence sectors, sectors in which DLRT has an extensive product range. The acquisition presented DLRT with an opportunity to acquire a portfolio of significant intellectual property, along with a wide range of specialist equipment designed for high value precision moulding, which when taken with DLRT’s assets constitute a greatly enhanced product development and manufacturing capability for both businesses.
Chris Turner, a director and shareholder of DLRT, has taken over the reigns as Elastomer Engineering’s new Managing Director. Chris has enjoyed a long career in the UK and global rubber industry and is uniquely placed to maximise the opportunities this acquisition presents. He said, “There are so many synergies between DLRT and Elastomer Engineering that both companies will benefit massively from this acquisition. Straight away we have an expanded product range available to all customers and a team of polymer experts second to none in the industry. Customers will start to see immediate benefits.”