September 23, 2024: Goonvean Fibres announced in September that it has just bought Core Engineering and formed a new company — Goonvean Core Engineering — and becoming the newest member of the Goonvean Group.

“Goonvean Core Engineering will operate as a subsidiary of Goonvean Fibres, the market leader for manufacturing precision cut fibre and flock, operating across the lead acid battery industry,” said a company statement.

“As a privately owned investment company, the Goonvean Group’s strategy is to identify and acquire UK businesses, and through the provision of additional resources, support these businesses to thrive and prosper.”

James Mullins, managing director of Goonvean Fibres said: “Through acquiring Core, the group recognises the engineering potential in the battery market for increasing efficiency to the customers’ supply chain and a scalable solution.”

Will Cross, Core managing director remarked that: “This is an exciting new chapter for Core and our customers. Goonvean Core Engineering ensures that the lead battery industry continues to benefit from increased choice and quality engineering in the manufacture of COS moulds, tooling and spare parts”.