29th May 2025
How can we help?
Ansor
https://ansor.com/wp-content/themes/ansor-v1-1/img/logos/supersonic-playground-logo.png
300
80
Ansor
Portfolio News: Kaleidex makes largest acquisitions to date with expansion into Ireland
Kaleidex makes largest acquisitions to date with expansion into Ireland
Kaleidex has acquired Accutool Ltd and Lisnabrin Engineering Ltd in its largest investments to date. Together, the two businesses bring approximately 48,000 sq ft of manufacturing capacity across Dublin and Cork into the Kaleidex group, alongside highly skilled teams, specialist manufacturing capabilities and decades of Irish precision engineering heritage.
The acquisitions advance Kaleidex’s strategy to build the scale and capability required to cement themselves as a trusted manufacturing partner to leading medtech businesses. Ireland is central to that ambition, with one of the world’s strongest concentrations of major medical technology OEMs and an ecosystem of specialist suppliers, technical expertise and talent.
This local presence gives customers in Ireland greater access to Kaleidex’s growing range of capabilities, while positioning the group closer to the medtech businesses it supports. Kaleidex intends to build on that presence through continued investment in people, equipment, technology and capacity.
Accutool
Founded in 1985, Accutool is a precision engineering business headquartered at a 25,000 sq ft facility in Dublin and a 3,000 sq ft facility in Cork, combining advanced production capability with extensive design and engineering expertise.
Accutool supports highly regulated industries including medical devices and biopharmaceuticals, with capabilities spanning precision CNC machining, design engineering, tooling, machine building, assembly, testing, and fabrication. The business has extensive experience within medical manufacturing, including the production of orthopaedic implant components.
Lisnabrin Engineering
Founded in 2001 by Margaret and Steve Martin, Lisnabrin Engineering is a specialist precision manufacturing business based in Mitchelstown, Co. Cork. Operating from a purpose built 20,000 sq ft facility, Lisnabrin supports customers across the medical device and pharmaceutical industries, providing precision-engineered tooling, prototypes and components.
Its capabilities include CNC machining, Wire EDM, turning, laser welding and marking, electropolishing and metrology. Since its foundation, Lisnabrin has grown from a one-person operation to a team of more than 50.
Gavin Meadows, CEO of Kaleidex, said: “Accutool and Lisnabrin are the largest acquisitions we have made since establishing Kaleidex and represent a major step forward for the group. Both businesses bring deep engineering expertise, strong Irish manufacturing heritage and substantial additional capability into Kaleidex.
“Ireland is strategically very important to us. It is home to one of the world’s strongest concentrations of medical technology businesses, and establishing a meaningful manufacturing presence in Dublin and Cork allows us to be closer, more accessible and more responsive to customers in this market.
“Our ambition is to build Kaleidex into a trusted manufacturing partner to leading medtech businesses. We are doing that by acquiring strong specialist businesses and investing behind them in people, technology, capacity and new manufacturing capability.
“Accutool and Lisnabrin are a significant statement of that intent. We see considerable potential in both businesses and intend to invest further in their teams and manufacturing operations as part of the wider Kaleidex group.”
Gavin McAuliffe, Managing Director of Accutool, said: “Accutool has spent more than 40 years building the engineering knowledge, manufacturing capability and customer relationships that define the business today.
“Joining Kaleidex gives us the opportunity to build on those foundations. Our customers will continue to work with the people and expertise they know at Accutool, while our team will have the backing to invest further in the business and access a broader range of specialist manufacturing capabilities across Kaleidex. We are looking forward to continuing to grow the business from our base here in Ireland.”
Steve Martin, Managing Director of Lisnabrin Engineering, said: “We started Lisnabrin in 2001 with a clear focus on solving complex engineering challenges for our customers. The business has grown substantially since then, but our focus on quality, engineering expertise and responsive customer service has remained constant.
“Becoming part of Kaleidex gives us the opportunity to continue that development with the investment and wider manufacturing capability of the group behind us. We will continue to serve our customers from Mitchelstown with the same team and approach, during the next stage of Lisnabrin’s growth.”
Both Accutool and Lisnabrin will continue to operate from their existing sites in Ireland, retaining their teams, expertise and customer relationships. As part of Kaleidex, the businesses will benefit from continued investment, while customers gain access to an increasingly broad range of specialist medical manufacturing capabilities across the group. The acquisitions extend Kaleidex’s international footprint, adding substantial capacity in Ireland alongside its existing specialist businesses in the United Kingdom and Germany. They also increase the scale of the group as it continues to build a stronger manufacturing platform for leading medtech businesses.
Related articles
15th April 2025
14th April 2025
Get in Touch
Please get in touch using the form below.