Nonwovenn and CorpAcq have created a corporate vehicle, Technical Materials Group (TMG), to pursue acquisitions of niche, IP-rich materials manufacturers across the UK, Europe and North America. Keith Pickering joins as Head of Acquisitions with an explicit revenue target of £300m-plus in three years.
Nonwovenn and CorpAcq established Technical Materials Group (TMG) after their December 2025 partnership to pursue acquisitions in specialist materials.
TMG targets IP-rich manufacturers of engineered textiles, films, composites, ceramics and laminated products in the UK, Europe and North America.
Keith Pickering, an M&A adviser with 30 years’ experience and more than 120 transactions, has been appointed Head of Acquisitions.
Nonwovenn and CorpAcq have set up a new corporate vehicle called Technical Materials Group (TMG) to execute a focused acquisition strategy in specialist materials. The move follows a partnership transaction completed between Nonwovenn and CorpAcq — a TDR Capital portfolio company — in December 2025.
TMG will target businesses that manufacture IP-rich, high-margin technical materials. Examples given include highly engineered textiles, films, composites, ceramics and laminated products. The group is looking for firms with a broad international sales footprint and strong R&D and innovation cultures.
TMG is especially interested in material and component manufacturers whose products connect to power and thermal management, filtration, electrification, weight reduction, activated carbon solutions and PFAS alternatives. Likely end markets include military, aerospace, medical, the water industry, data centres and other regulated markets.
Pickering said he is "very enthused" about building a technical materials vertical within the CorpAcq portfolio. He also confirmed there are "a number of live discussions with potential acquisition targets" and cited competitive, flexible deal structures as an advantage when approaching company owners.
TMG's stated financial ambition is to build a group achieving revenues of £300m-plus over the next three years. The announcement highlights two elements supporting that target: the "highly experienced" Nonwovenn management team and "the significant financial backing of TDR Capital."
David Lamb, Chairman of Nonwovenn, described the company as experiencing record organic growth and profitability and framed acquisitions as the next step to broaden the range of specialist materials businesses the company owns.
TMG will pursue acquisitions in the UK, Europe and North America and expects to publish further detail on a new website due to launch in the coming weeks. The communication emphasised live acquisition discussions already underway.
The transaction creates a purpose-built vehicle for buying specialist materials businesses that serve regulated and technical applications. That focus combines Nonwovenn's current growth platform with CorpAcq and TDR Capital's financial resources and an experienced M&A lead, creating a pathway to scale both by buy-and-build and by consolidating niche suppliers serving aerospace, medical and other regulated sectors.
Watch for announced acquisitions, details of targeted deal structures, the new TMG website, and any confirmation of revenue or integration milestones as acquisitions complete.
BRIDGWATER, England — September 15, 2026 — Nonwovenn and CorpAcq have announced the formation of a corporate vehicle, named Technical Materials Group (TMG), to spearhead an ambitious growth and acquisition strategy. Experienced M&A practitioner, Keith Pickering, has also been appointed as Head of Acquisitions to lead t
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