That’s according to PwC’s Midlands industrial manufacturing deals team, which has been operating at full production over the last year, delivering an extraordinary range of transactions across the industrials landscape.
Recent key deals that PwC advised on include the equity investment by Cytec Industries in Penso Consulting; BGF’s investment in Prodrive Composites; and Horiba’s acquisition of Mira.
Cara Haffey, corporate finance partner and head of industrial manufacturing at PwC in the Midlands, commented:
“Midlands manufacturers are leading the way in revolutionising the use of lightweight components in the volume automotive market. This is attracting investment from global automotive manufacturers seeking technologies, within the vehicle structures and the power train sectors, to help them meet tighter emissions regulations by 2020.
“Our team has witnessed this at first hand after advising on a number of significant deals recently. The equity investment by global materials company Cytec Industries, in Penso Consulting, which has used its expertise to develop and innovate the manufacturing process of lightweight components, is a good example.”