Acquisitions in Herefordshire, United Kingdom

IK Partners’ IK Small Cap III fund has agreed to acquire a majority stake in HSL Compliance, a UK environmental testing, inspection, certification and compliance (TICC) business, with the HSL management team reinvesting and LDC taking a minority reinvestment. The deal positions HSL to continue an aggressive buy-and-build strategy to expand services and coverage across the UK and Ireland; financial terms were not disclosed and the transaction is subject to regulatory approvals.

Cathay Investments has acquired Mercian Logistics, a Hereford-based logistics business that provides distribution, storage and fulfilment services across the UK and Europe. The purchase expands Cathay’s logistics portfolio alongside its existing subsidiaries (including Amethyst Group and Warehouse One) and is intended to strengthen the group’s end-to-end fulfilment and delivery capabilities.

Quadion LLC, d.b.a. Minnesota Rubber and Plastics (MRP), has acquired Primasil Silicones Ltd., a Weobley, U.K.-based custom silicone rubber compounder and manufacturer. The deal expands MRP's silicone formulation, compounding and precision molding capabilities and strengthens its manufacturing footprint in the U.K. and Czech Republic to better serve medical, HVAC and specialty industrial end markets.