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Industrial Clutch Parts Ltd (ICP) is proud to announce that we are now part of n Industries Group Limited (“n Industries”).
This acquisition marks an exciting new chapter in ICP’s journey and aligns with our strategic ambitions to strengthen our market position, accelerate our growth and continue delivering mission-critical solutions to our customers worldwide.
About n Industries
n Industries is known for acquiring majority stakes in outstanding small UK industrial companies that supply mission or life-critical products or solutions.
As a permanent owner, n Industries works alongside existing management teams to help them grow into even higher quality, faster-growing businesses.
Each company within the n Industries group retains significant autonomy, while benefitting from the deep industrial expertise and long-term vision of the leadership team.
Founded by Jonathan Bates-Kawachi, a former Senior Investment Manager at Pictet Asset Management with a strong background in industrial investment, n Industries also includes co-founders Paul Simmons and Duncan Penny, both highly accomplished former FTSE 250 CEOs. Paul was previously CEO of Hill & Smith and Sector CEO at Halma, while Duncan served as CEO of XP Power.
Together, they bring a proven track record of driving double-digit organic growth in established industrial businesses.
Jonathan Bates-Kawachi (CEO of n Industries) Has This To Say...
“It is a great pleasure to welcome ICP to the n Industries Group.
ICP is one of the leading specialist distributors and manufacturers of brakes, clutches and friction materials globally.
The safety-critical nature of their products makes ICP a strong fit with our mission to build a group of high-quality industrial businesses.”
And Chris Holmes (Managing Director of ICP) Shared His Enthusiasm About The Partnership...
“Our decision to welcome n Industries as a majority stakeholder was driven by their innovative business model, which perfectly aligns with our ethos of remaining autonomous.
This deal mirrors n Industries’ recent investment in our sister company, Friction Technology Limited, and gives us the necessary capital and confidence to accelerate our growth.
This is excellent news for customers and all our major supply partners who will benefit directly from our expansion initiatives.
I am particularly excited for the younger members of our team to work alongside Jonathan Bates-Kawachi and Duncan Penny, who have both achieved remarkable success in growing SMEs. Their expertise and vision will be invaluable as we take this next step in our journey.
Together, we are poised to build on our strong foundation and deliver enhanced value to our customers, supply partners, and stakeholders.
This collaboration marks a significant milestone in ICP’s evolution, setting the stage for a future filled with innovation, expansion, and shared success.”
Accelerating Growth While Honouring Our Heritage
With the strategic backing of n Industries, ICP is entering a bold new era of opportunity, one defined by innovation, investment and intelligent growth.
This partnership strengthens our ability to develop pioneering solutions, expand our capabilities and invest even further in our most valuable assets: our people, our products and our partnerships.
While our ambitions are global, our values remain firmly rooted in the same principles that have defined ICP for decades; engineering excellence, reliability and a deep commitment to customer satisfaction.
Together with n Industries, we will unlock new markets, embrace emerging technologies and pursue sustainable, long-term success without losing sight of what makes us who we are.
For more information on n Industries Group Limited Acquires Majority Stake in Industrial Clutch Parts Ltd talk to Industrial Clutch Parts