Zircotec completes management buy out
Four members of Zircotec’s management team complete buy out from Accentus plc.
Managers from Zircotec have completed a management buy out of the high technology heat management and surface engineering specialists. The organisation provides a range of thermal barrier and wear resistant coatings to some of the world’s most prestigious car manufacturers as well as Formula One teams and a growing range of companies in other sectors.
“We are delighted to have completed the buy out,” says managing director Terry Graham. “Zircotec is a thriving business that has experienced some strong growth over recent years, and the management team are focused and motivated to continue this success. The buy out brings new financial investment and the potential for further rapid growth, taking the company to the next stage of its development.” Zircotec has rapidly expanded its portfolio of products and ceramic coatings to offer new solutions in a range of applications, right from performance upgrades for road cars through to aerospace. “This development programme is set to continue and we look forward to announcing new products and applications later this year,” adds Graham.
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