Universal Carbon

Sale of Universal Carbon Fibres Limited to Tex Tech Industries, Inc (USA)

Strategic Corporate Finance acted as lead deal advisers to the shareholders of Universal Carbon Fibres Limited on the sale to Tex Tech Industries.

Universal Carbon Fibres Limited designs and manufactures high-performance yarns and fabrics, predominantly from carbon-based fibres, for use in technical and extreme
environments. They specialise in innovative applications for automotive fuel cells and friction materials, fire blocking for the transportation and aerospace industries, and water-blocking technology for communication and power cables.

Tex Tech is based in Maine, USA, and has additional manufacturing facilities in Thailand and China. It is one of the world’s leading needle and woven felt manufacturers and is the largest producer of Tennis felt in the world.

“We are very pleased to have advised the shareholders of Universal Carbon Fibres on this transaction. The synergies between Universal Carbon Fibres and Tex Tech are very apparent and should enable Universal Carbon Fibres to become even more successful.”

Universal Carbon Fibres Limited will operate as a wholly owned subsidiary of Tex Tech and will retain its current leadership and staff and UK location in Wyke, near Bradford.

“Our partnership with Tex Tech will allow us to deliver value-added solutions to our existing and prospective customers. Universal Carbon Fibres and our customers will greatly benefit from Tex Tech’s global distribution platform and manufacturing proficiencies, which will shorten our product development timelines.”

“Universal Carbon Fibre’s engineered textile solutions are synergistic to the service and product offerings of Tex Tech and our subsidiaries. Their strong relationships with their customers and fibre manufacturers, as well as its robust manufacturing capabilities in the United Kingdom, will significantly strengthen Tex Tech’s international presence.”