Ash & Lacy Expands Automotive Services with Vestatec Acquisition
Deal News | Apr 03, 2025 | Cattaneo Corporate Finance
Cattaneo Corporate Finance has played a pivotal advisory role in Ash & Lacy's recent acquisition of Vestatec. Ash & Lacy, based in Birmingham, has strategically expanded its footprint in the automotive sector with the purchase of Vestatec, a Nottingham-based company noted for its advanced physical vapour deposition (PVD) coating technology. This acquisition is expected to bolster Ash & Lacy's service offerings to global car manufacturers by integrating Vestatec’s high-performance interior trim products.
Sectors
- Automotive Manufacturing
- Corporate Finance Advisory
Geography
- United Kingdom – The companies involved, Ash & Lacy and Vestatec, are based in the UK, specifically Birmingham and Nottingham.
Industry
- Automotive Manufacturing – The article involves Ash & Lacy, which provides services to car manufacturers, and Vestatec, known for automotive interior trim, placing it in the automotive manufacturing sector.
- Corporate Finance Advisory – Cattaneo Corporate Finance provided advisory services in the acquisition, which involves corporate financial advisory as a key industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ash & Lacy | Acquirer | Company | A Birmingham-based company expanding its automotive services through this acquisition. |
| Vestatec | Target Company | Company | A Nottingham-based automotive interior trim specialist with a focus on PVD coating technology. |
| Cattaneo Corporate Finance | Corporate Finance Advisor | Company | Advised Ash & Lacy on the acquisition of Vestatec. |