Deal announcement: sale of Fast Gaskets & Parts Ltd to R&G Fluid Power Group Ltd

Published in Company Update by Emma Curtis on 1 November 2023

Kingsbrook is pleased to have advised Fast Gaskets & Parts Ltd in its sale to R&G Fluid Power Group Ltd

Here is a link to R&G Fluid Power Group’s official announcement, which you can also read below:

Founded in 2000, Fast Gaskets has a remarkable track record of delivering top-quality gaskets and related solutions to a wide range of industries and clients, both large and small. This acquisition marks a significant step forward in our strategic growth plan, allowing us to offer an even wider range of gaskets, materials, and related products to meet diverse industry requirements.

Simon Bates, Director of Fast Gaskets said

“We are delighted to be joining the R&G Group and look forward to maximising the diverse product range that the group offers to help both Fast Gaskets and the group as a whole to expand its business. It’s an exciting time for all of us here and we thank everyone involved with the acquisition and look forward to working with our new teammates”

In addition to gasket manufacturing, Fast Gaskets offers a diverse array of related products and services. This includes strips, fabrications, stock rolls of various materials, mouldings, extrusions, hoses, and more. They maintain a substantial inventory of materials in stock, enabling them to fulfil orders quickly, which is often a critical requirement for their customers.

Richard Davies, MD of R&G Fluid Power Group commented

“We are thrilled to welcome Fast Gaskets to the group, a move that aligns with our commitment to growth and innovation. The experienced Fast Gaskets team bring valuable knowledge and a commitment to excellence in gasket manufacturing, which will complement our existing capabilities.”

For both Fast Gaskets’ customers and employees, there will be no disruptions in their usual operations. With the same experienced team offering the exceptional service they are known for. Fast Gaskets has enjoyed consistent success since its inception, and this trend will only continue with the support of R&G Fluid Power Group.

The deal was completed in October 2023.

Published on 1 November 2023 by

Emma Curtis

Have you read these related articles?

Insights

Preparing emotionally for a sale

Emma Curtis

9 February 2024

Company Update

Deal announcement: sale of NutriCalc Ltd to TraceGains Inc.

Emma Curtis

26 January 2024