Epiris, a leading UK-based private equity firm, has acquired LoneStar Group, a global manufacturer and supplier of high-performance fasteners, sealing products, and precision-engineered components.
With the backing of Epiris, LoneStar is well-positioned for global expansion, providing its wealth of globally recognised blue-chip customers with essential components from manufacturing and distribution sites in the UK, US, and the Middle East.
The acquisition comes at a crucial time, as the demand for LoneStar’s precision-engineered components from the traditional, and emerging renewable, energy sectors continue to grow.
Peter Williamson has joined as non-executive Chairman.