Uni-Pol is a global specialist manufacturer of superalloy cast parts with revenues of c$100m and has over 700 employees in India, China, Mexico and Europe. Doncasters is a global manufacturer of high-precision alloy components with manufacturing facilities in the US, Mexico, China, Germany, India and the UK.
The acquisition places Doncasters amongst the largest manufacturers of high-precision alloy components in the global supply chain and brings together two world-leading manufacturers to create a group with annual revenue of more than $500m and almost 3,000 people across seven countries.
The deal is expected to generate significant synergies from greater utilisation rates for both businesses, strategic locations for international sales and shared knowledge and resources, enabling the group to provide its customers with a broader product offering and its people with new opportunities.
Mark Lucas, Managing Director in Quantuma’s Corporate Finance team, said: “We are delighted to have been able to assist Uni-Pol on securing a successful sale to Doncasters. The acquisition brings together two highly complementary businesses and will cement its position as a global leader in the supply of complex, high-quality products for the automotive, aerospace and industrial gas turbine industries.”
David Orr, Group Chief Executive Officer, Uni-Pol, added: “The sale to Doncasters marks a fantastic new chapter in Uni-Pol’s history and Mark and his team were superb from start to finish, delivering an excellent result for the shareholders. They ensured all parts of the deal ran smoothly, providing excellent guidance and advice throughout the process.”