Longacre Group Acquires Power Adhesives Limited
August 11, 2022
Longacre Group has acquired a majority shareholding in Power Adhesives Limited, a Basildon-based manufacturer of hot melt adhesives and applicators. The investment will support Power's continued growth under new CEO Brendan Colgan and provide financial backing to expand the company's capabilities and market reach.
- Buyers
- Longacre Group
- Targets
- Power Adhesives Limited
- Sellers
- Stephen Sweeney (lead shareholder)
- Industry
- Manufacturing
- Location
- Essex, United Kingdom
- Transaction Type
- Buyout
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