Today we are launching this year’s Alantra Chemicals & Coatings Fast 25, which ranks the fastest-growing, privately owned chemicals and coatings manufacturing businesses in the UK. The Fast 25 places the spotlight on the leading companies in the industry and covers a diverse range of sub-sectors, including cleaning and hygiene chemicals, industrial coatings and flavours and fragrances.
The impressive rates of growth generated by many Fast 25 companies are testament to the innovative, entrepreneurial and outward-looking culture of the UK’s chemical and coatings industry. Despite headwinds including pressure on margins and the lack of clarity around Brexit, such businesses continue to prosper and on average have shown a higher level of growth this year than they did 12 months ago. Such resilience, in what continues to be testing market conditions, is impressive.
As part of the report, we have interviewed business leaders, chemicals sector advisors and investors to discuss the key drivers which are allowing UK businesses to excel on the global stage. Furthermore, we explore the recent flurry of M&A within the sector which has involved four of last year’s Fast 25 members.
Congratulations to all companies included within the Fast 25 on another strong year of growth, in particular to the top three companies - Lambson, Exwold Technology and Leeson Chemicals. We will look forward to another successful year for the sector and hope that further clarity on the Brexit roadmap will support companies in achieving this.