Insperial completed the acquisition of MGR Foamtex.

Insperial, an aerospace and transportation interiors company, completed the acquisition of MGR Foamtex, a manufacturer specialising in interior soft goods and passenger upholstery systems. Financial terms were not disclosed. “We are delighted to become part of the Insperial family. The alignment of our expertise with Insperial’s resources presents a fantastic opportunity for expansion and enhanced customer solutions. The entire acquisition process was seamless, and I commend the Insperial team for their diligence and professionalism,” Les Simpson, MGR Foamtex CEO.