Project Description


Vulcanite was a corporate orphan; a non-core subsidiary of a larger diversified engineering group, Chess Industries.

Undercapitalised starving the business of growth opportunities

Limited sales channels concentrated on domestic market


Established a state of the art manufacturing facility in Malaysia to stay competitive

Expanded into global markets with sales teams in the US and Europe

Established relationships with blue chip customers, including three of the world’s four leading railway rolling stock builders and three of the world’s major vibratory piling hammer manufactures


>50% sales growth, including 115% increase in sales to overseas markets

Sold to Continental AG, one of the world’s largest producers of rubber products

Strong returns to investors and Management Team