Industrial Engineering Plastics

Industrial Engineering Plastics

Type: MBI

Total Originally Invested: £1.8 million

Initial Investment: December 2011

Sector: Industrials & manufacturing

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Industrial Engineering Plastics Limited ("IEP”) distributes a range of plastic products, including ventilation and pipe fittings and plastic sheet to a number of industries including; pharmaceuticals, education and healthcare. The Company also fabricates bespoke plastic materials.

Company background

Founded in 1986, IEP operates from two sites in Hampshire and Birmingham from which it distributes its comprehensive range of plastic products. In addition, its Hampshire site houses a bespoke fabrication operation that works closely with large contractors to supply custom made piping and venting systems for industrial units.

Foresight Investment

Foresight first invested in December 2011 to support the Management Buy In of IEP. Since investment, Foresight and the IEP management team have focussed on increasing the product offering to customers from both locations as well as enhancing its fabrication service to key customers.

Future strategy

IEP’s mission is to be the leading provider of bespoke fabrication to the piping and venting industry through a series of key customers and suppliers.