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Polymer films specialist Wardle Storeys has been bought by Uniroyal Engineered Products.
It employs more than 250 staff and designs and manufactures polymer films and coated fabrics.
Uniroyal says the deal with Wardle will allow it to launch into the European market while allowing the Lancashire firm greater access to the USA. Brabners Chaffe Street advised Uniroyal on the acquisition. Corporate partner Tony Harper said: "Our client already has a well established business in the US and this transaction provides a great opportunity to springboard into the UK and European markets."
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