Corpacq acquires Olympus Engineering

Investment group CorpAcq has completed its tenth acquisition with the takeover of a precision engineering business.

CorpAcq, based in Altrincham, Greater Manchester, has paid an undisclosed sum for Olympus Engineering, which employs 160 staff at its headquarters in Stoke.

Olympus manufactures precision components for blue-chip clients such as Bentley Motors, JCB, Kawasaki and HydraForce Hydraulics.

The £15m-turnover business was founded in 2000 by the late Neil Blood.