About Formaplex
Formaplex is an Industrial Goods & Manufacturing company based in Havant (United Kingdom) founded in 2001, and was acquired by Unipart Group in August 2024. Supply chain solutions and polymer composite manufacturing services are provided. Its chief executive, as recorded, is Russell Hammacott. Formaplex offers products and services including Supply Chain Consulting and Advanced Polymer Solutions. Its focus areas include Industrial Goods and Manufacturing, Manufacturing Services, Industrial Processing and Injection Moulding. Its legal entity is Unipart Group Limited.
Company details
Formaplex was founded in 2001 and is based in Havant, United Kingdom. Supply chain consulting, planning, design, manufacturing, transportation, and logistics are offered, along with advanced technology and circular economy services. Polymer and composite products are manufactured using injection molding, painting, CNC machining, 3D printing, and assembly. These operations serve sectors such as automotive, aerospace, defense, and rail.
- Latest Funding Round$694.59K (USD), Grant
Sep 2020
- InvestorsGov.uk
& 4 more
- Acquired by
Products & Services of Formaplex
Formaplex offers a comprehensive portfolio of products and services, including Supply Chain Consulting and Advanced Polymer Solutions.
Supply chain performance improvement services are provided globally to enhance efficiency and operations.
Advanced polymer and composite solutions are offered, combining engineering expertise with high-performance manufacturing for various sectors.
Apps and channels of Formaplex
its YouTube channel LogisticsViewpoints has 11 subscribers.
Funding Insights of Formaplex
- Total Rounds 2
- Last Round Grant — $694,594
- First Round $19M
(May 2019)
- Investors Count 2
All 2 funding rounds of Formaplex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2020 | $694,594 | Grant | – | – | |
| May 2019 | $19M | Debt – Conventional | – | – |
5 investors in total: 5 institutional.
Investors in Formaplex
Formaplex has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Unipart Group and Secure Trust Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services are offered by Dunedin to clients. | dunedin.com | Edinburgh, United Kingdom | ||
A UK-based private equity fund focused on company investments. | elaghmore.com | Leamington Spa, United Kingdom | ||
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom | |
Commercial bank | 1954 | securetrustbank.com | Solihull, United Kingdom | |
Manufacturer and supplier of fuel systems to Tier 1 and OEMs | 1987 | unipart.com | Oxford, United Kingdom |
Investor details for Formaplex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Formaplex
1 people are tracked at Formaplex (1 in leadership).
| Name | Role | Group |
|---|---|---|
Russell Hammacott | CEO & Director | Leadership |
Complete people profiles for Formaplex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Formaplex
6 dated milestones of Formaplex across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Formaplex is founded.
- Exit Acquired by Dunedin.
- Funding First funding round of $19.0M.
- Funding Latest funding round, Grant, of $695K.
- Exit Acquired by Elaghmore.
- Exit Acquired by Unipart Group.
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Frequently Asked Questions about Formaplex
Formaplex was founded in 2001 and raised its 1st funding round 18 years after it was founded.
Formaplex is headquartered in Havant, United Kingdom. It is registered at Havant, Hampshire, United Kingdom.
Russell Hammacott is the CEO of Formaplex, as recorded in our data.
Formaplex was founded in 2001 and is based in Havant, United Kingdom. Supply chain consulting, planning, design, manufacturing, transportation, and logistics are offered, along with advanced technology and circular economy services. Polymer and composite products are manufactured using injection molding, painting, CNC machining, 3D printing, and assembly. These operations serve sectors such as automotive, aerospace, defense, and rail.
Formaplex offers Supply Chain Consulting and Advanced Polymer Solutions.
Formaplex has 5 investors. Key investors include Gov.uk, Unipart Group, Secure Trust Bank, Dunedin, and Elaghmore.
Formaplex operates through Unipart Group Limited.
Yes. Formaplex was acquired by Elaghmore in February 2021.