Applied Composites Group Receives £10M Growth Investment from LDC

Applied Composites Group (fka Icon Polymer Group), a UK-based manufacturer of engineered polymer products, received a £10m growth capital investment.

LDC has made the development capital investment, which will enable the company to accelerate a number of strategic initiatives to increase revenues in its core sectors of aerospace and rail.

Led by Tim Pryce, CEO, Applied Composites Group is a specialist polymer manufacturer. In the past year, the company has signed a series of major contracts with blue chip organizations including Rolls Royce and is currently executing a multi-million pound expansion and refurbishment of its manufacturing facility in Retford, Nottinghamshire.



Join the discussion