# Karnell Group acquires Plalite Ltd in the UK

Karnell Group AB completed the acquisition of 92.5% of Plalite Ltd, a UK precision engineering manufacturer based in Sittingbourne, England, with sales of GBP 4.3 million.

- Type: Acquisition
- Announced: 2023-12-21
- Where: Sittingbourne, England, United Kingdom
- Status: completed
- Products: precision engineered components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Karnell](https://endata.com/companies/19459.md) (acquirer)
- [Plalite Ltd](https://endata.com/companies/74594.md) (target)

## Sources

- [karnell.se](https://karnell.se/en/press-releases/karnell-group-ab-publ-acquires-plalite-ltd-in-the-uk-thereby-entering-a-new-geographical-market/), 2023-12-21: "We are pleased to welcome Plalite to Karnell and look forward to supporting the Company in their continued growth."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.