Nonwovenn has been acquired by CorpAcq in a deal that marks the exit of growth capital investor BGF after nearly a decade of backing the Somerset-based manufacturer.
Founded in 2003 by chairman David Lamb, the business designs and manufactures specialist nonwoven technical fabrics for niche applications, with a strong focus on harm reduction.
Its products are used in areas including protective clothing, wound care and chemical, biological, radiological and nuclear (CBRN) protection.
BGF first invested in the business in 2016, providing multi-million-pound funding to support expansion and innovation.
Since that initial investment, the firm has more than doubled its annual turnover, growing revenues from £19 million in 2016 to £46m in 2025, with continued growth into 2026.
The company has delivered 19 consecutive years of profitability, built a significant export operation and remains a major employer in Somerset.
It has also invested £1.5m in research and development to enhance its CBRN protective solutions.
Altrincham-based acquisition group CorpAcq, which is backed by TDR Capital, said the deal adds a high-quality, profitable manufacturer to its growing portfolio.
“Nonwovenn is an outstanding business with a leading market position, strong growth prospects and a highly experienced management team,” said Stuart Kissen, head of acquisitions at CorpAcq.
“We see significant opportunity in the fabric technology space and are looking forward to establishing a long-term partnership with David and his team as Nonwovenn enters the next stage of its development.”
Lamb added: “We’re proud to have delivered such consistent growth and strong profitability over two decades, whilst remaining committed to maintaining the highest quality and customer satisfaction across our product lines.
“Partnering with BGF has been instrumental in maximising our potential – enabling us to strengthen innovation, diversify product lines and expand internationally.
“We’re excited to build on these strong foundations in our next phase of growth as part of CorpAcq.”
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