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Schweiter Technologies acquired the European Acrylic Sheet business of Lucite for £92m.

Synopsis

Schweiter Technologies, a textile machinery manufacturing company, acquired the European Acrylic Sheet business of Lucite, which designs, develops, and manufactures acrylic-based products, for £92m. Lucite Acrylic Sheet is one of Europe's leading manufacturers of acrylic sheet and composites and is based in Darwen, Lancashire, UK. 3A Composites anticipates that the incorporation of Lucite Acrylic Sheets into the dedicated multi product sheet activities of the 3A Composites division will lead to significant opportunities for further product development and expansion outside the UK.

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