Lifco Acquires Cardel Group from LDC

May 31, 2024

Lifco has signed an agreement to acquire a majority of the shares in Cardel Group Ltd from private equity investor LDC. Cardel is a Hertfordshire-headquartered manufacturer of lamination plates and specialist components for ID documents, payment cards and PCBs (74 employees; ~GBP 16.5m net sales in 2023); Lifco will consolidate the business into its Systems Solutions area to support further global expansion and product and application development.

Buyers
Lifco
Targets
Cardel Group Ltd
Sellers
LDC
Industry
Manufacturing
Location
Hertfordshire, United Kingdom
Transaction Type
Buyout

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