# Tricel acquires Magnum Industries Europe Ltd

Tricel has acquired Magnum Industries Europe Ltd., a composite manufacturing equipment distributor based in the UK Midlands. The acquisition aims to strengthen Tricel's position in the composites market and expand its product range.

- Type: Acquisition
- Announced: 2024-06-10
- Where: UK Midlands, United Kingdom
- Status: announced
- Products: composite manufacturing equipment, Magnum Venus equipment, Chem-Trend sealers and release agents
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tricel Group](https://endata.com/companies/2696.md) (acquirer)
- [Magnum Industries Europe](https://endata.com/companies/77945.md) (target)

## Sources

- [tricel.co.uk](https://tricel.co.uk/blog/tricel-acquires-magnum-venus-industries-europe-ltd/), 2024-06-10: "We are delighted to welcome Magnum Industries Europe Ltd. into the Tricel group."

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