The word PERMALI in bold, bright blue capital letters on a white background. The word diamorph in grey text next to a blue and white circular logo.

Permali Aquisition by Diamorph Group holdings Ltd

Diamorph Group Holdings Limited (“Diamorph”) announces:

That it has signed a conditional agreement to acquire Permali Gloucester Limited (“Permali”), a Gloucester-based manufacturer of composites, predominately for the Defence sector. Diamorph is anticipating completion of the Permali acquisition within the coming months.

That it also completed the acquisition of Tufnol Composites Ltd (“Tufnol”), a Birmingham-based manufacturer of composites, predominately for the Aerospace industry on 5th March 2021.

Diamorph Chief Executive, Gordon MacLeman said:

“These acquisitions allow Diamorph to broaden its composites competency and enter new markets. Permali has a long history of developing bespoke composite solutions for critical Defence applications since the 1930’s, whilst Tufnol has been manufacturing high performance composites since the 1920’s and has a highly regarded brand and reputation for delivering market leading wear performance in the Aerospace sector.”

Aerial view of a large industrial warehouse with adjacent parking and surrounding buildings.

Above: Diamorph Group HQ, Tenmat Trafford Park, Manchester, UK

Factory interior with workers and blue machinery under a metal roof and yellow overhead crane.

Above: Permali Factory, Gloucester, UK