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HomeBusinessScottish company expands globally by acquiring American business for growth opportunities.

Scottish company expands globally by acquiring American business for growth opportunities.

Wilkie, a prominent leader in technical textiles based in Scotland, has made a significant move by acquiring Bradford Coatings in Lowell, Massachusetts, USA. This strategic acquisition not only marks Wilkie’s expansion into North America but also highlights its dedication to growth, innovation, and manufacturing high-quality products in the USA. The deal, which was facilitated by BDO and Nutter, has secured the jobs of 25 experienced employees and is set to boost Wilkie’s revenue by $8 million.

With the addition of Bradford Industries, Wilkie’s manufacturing footprint is set to expand, solidifying its position as a frontrunner in the technical textiles industry. The Lowell facility, equipped with advanced coating technology, is poised for substantial growth under Wilkie’s ownership. As CEO Hamish Rowan stated, the company has ambitious plans for the site, including investments in research and development to enhance technical coating capabilities and drive growth over the next decade. With a focus on key markets such as airbag coating, military tentage, and sports equipment coating, Wilkie aims to maximize the potential synergies within the group, offering added value to customers.

The collaboration between Wilkie and Bradford Coatings not only aligns with Scotland’s strategic plan for growth but also promises a prosperous future for both parties. With BDO’s instrumental role in facilitating the deal, Wilkie’s vision for global expansion is now becoming a reality. As Wilkie America embarks on this exciting journey, fueled by innovation and strategic investment, the possibilities for growth and success in the technical coated fabrics markets are endless.

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