Ash & Lacy Strengthens Its Automotive Portfolio with the Acquisition of Vestatec
In a bold move to further solidify its position as a leader in the automotive industry, Ash & Lacy has officially acquired Vestatec, a renowned supplier of decorative automotive components. This strategic acquisition brings together Ash & Lacy’s high-volume manufacturing capabilities and Vestatec’s expertise in cutting-edge Physical Vapour Deposition (PVD) coating technology, creating a powerhouse that will offer innovative solutions to automotive manufacturers across the globe.
Why This Acquisition Matters
For Ash & Lacy, this acquisition is not just about expanding its portfolio — it’s about meeting the growing demand for high-quality, aesthetically pleasing components in the automotive industry, especially as electric vehicles (EVs) gain momentum. As the industry shifts towards more sustainable and premium vehicle designs, manufacturers are seeking decorative components that not only enhance the vehicle's look but also meet stringent performance standards.
By bringing together Ash & Lacy’s extensive manufacturing capabilities with Vestatec’s expertise in PVD coatings, we are now in a prime position to provide the automotive sector with an even broader range of high-performance decorative parts, from premium interior finishes to durable exterior components. This fusion ensures that Ash & Lacy remains at the cutting edge of automotive innovation.
What Does This Mean for Our Customers?
This acquisition opens up exciting opportunities for our current and future clients. Here’s how:
1. Expanded Product Offering
With Vestatec’s PVD-coated parts now part of our offering, Ash & Lacy can provide even more premium finishes for a range of interior and exterior automotive components. Whether it’s speaker grilles, buttons, switches, or high-end trim parts, we can now deliver a broader selection of high-quality, durable finishes.
2. Increased Market Reach
As part of this, we’ll be able to offer more competitive pricing on PVD-coated parts, which means our clients will have access to these innovative components at even better value. This also opens the door to new market opportunities, particularly across Europe and beyond, allowing us to expand our customer base and offer cutting-edge solutions to manufacturers worldwide.
3. Job Creation and Economic Impact
This acquisition is not just about growth for Ash & Lacy – it’s about creating a positive impact on the economy. By bolstering local manufacturing and reducing reliance on imported components, we’re not only supporting sustainable, homegrown innovation but also creating new job opportunities in the UK.
A Shared Vision for the Future
Ash & Lacy and Vestatec share more than just a business interest – we share a long-term vision rooted in a deep passion for UK manufacturing and a commitment to innovation. Both companies are family-owned and driven by a shared philosophy of quality and growth. As Dr. Jonathan Evans, CEO of Ash & Lacy, put it, “From the outset, it was clear that Ash & Lacy and Vestatec share a similar philosophy. This fusion brings together our strengths, allowing us to offer even more comprehensive, cost-effective, and sustainable solutions for the automotive sector.”
We’re excited to work alongside our new colleagues at Vestatec to continue delivering exceptional parts and technologies that will define the next generation of vehicles.
About Vestatec
Vestatec is a leading supplier of high-end decorative automotive components, specializing in premium finishes through PVD coating technology. Their expertise has made them a trusted supplier to some of the world’s most prestigious automotive brands, delivering cutting-edge solutions for interior and exterior vehicle parts.
Looking Ahead
With this exciting new chapter, Ash & Lacy is ready to continue leading the way in the automotive sector. Whether it's through expanding our product offerings or enhancing our ability to meet the needs of a rapidly evolving market, we are committed to staying ahead of the curve and delivering the highest quality parts and services to our customers.
Stay tuned for more updates on how this merger will continue to shape the future of automotive manufacturing.