Transaction

Clearwater UK advises Tarpey-Harris Group on sale to industrial investor Morvern Group

Transaction

Tarpey-Harris Group sold to Morvern Group

Sell-side

Undisclosed

Role

Adviser to Tarpey-Harris Group on its sale to Morvern Group

Sector

Industrial & Chemicals

Region

United Kingdom

Clearwater UK has advised on the sale of Tarpey-Harris Group (THG), a market leading provider of precision engineering services, to industrial investor Morvern Group.

With a 50 year heritage, THG is recognised as a leading provider of specialist tooling and wax assemblies to global manufacturing groups in the aerospace, energy production and defence industries. The business is renowned for its highly sophisticated precision engineering capabilities, with a ‘one-stop-shop’ service covering all customer requirements from design, manufacture, through to testing and finishing. With two strategically located sites in Derbyshire and Worcester, the business is able to quickly meet the demands of its long-standing blue-chip customers.

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With the predicted growth in its operational markets, its experienced senior management team and highly skilled workforce, Tarpey-Harris is well positioned to deliver its ambitious growth plan. The investment from Morvern Group will be key to driving additional growth and we look forward to the continued success of the business.

Rob Britton, Partner, Clearwater

Advisers

Transactions