Silicone Engineering aims to be number one in Europe after £2 million MBI

Blackburn-based Silicone Engineering, a division of Meggitt PLC, is aiming to become the number one silicone rubber processor in Europe after undergoing a £2 million management buy-in.

“The deal represents a fantastic opportunity for Dennis and Barrie to acquire a business with some exciting growth opportunities which between them they have the necessary skills to take full advantage of.”

Philip Nuttall, Partner, Clearwater