THAME: Insperial has announced the acquisition of MGR Foamtex, a leading UK-based aircraft upholstery manufacturer.
MGR Foamtex, founded in 1985 and headquartered in Thame, Oxfordshire, is renowned for its skilled engineering and commitment to quality craftsmanship.
Les Simpson, Chief Executive of MGR Foamtex, expressed enthusiasm about the acquisition, stating, “We are delighted to become part of the Insperial family. The alignment of our expertise with Insperial’s resources presents a fantastic opportunity for expansion and enhanced customer solutions. The entire acquisition process was seamless, and I commend the Insperial team for their diligence and professionalism.”
Alexis Gabillon, Group CEO of Insperial Group, echoed the sentiment, calling the acquisition a “significant milestone” in the company’s growth strategy. “We are thrilled to welcome MGR Foamtex into the Insperial family.
This acquisition allows us to leverage MGR Foamtex’s expertise and innovative products to better serve our customers and strengthen our position in the market,” Gabillon said.
The acquisition reinforces Insperial’s commitment to innovation and expanding its capabilities within the aerospace sector.