Teescraft buys plastics firm to expand its manufacturing reach

What's the deal? Teescraft Engineering has acquired Plastic Mouldings Northern, a Bishop Auckland-based vacuum-formed packaging firm whose products include stackable containers, food trays and dollies. Terms were not disclosed. Managing director Mark Rigg will remain with the business.

What's the endgame? Teescraft, founded in 1981, runs a group portfolio spanning machining, casting and fabrication from bases in Bishop Auckland, Stockton-on-Tees, and Ashington, Northumberland. It serves customers globally across agriculture, automotive, energy, engineering, and manufacturing.

What changes? Teescraft said it wants Plastic Mouldings Northern to gain "access to additional resources, experience and opportunities" as part of a larger organisation, according to group technical director David Land. Managing director Rob Yorke called it a business with a "great reputation, talented team and excellent customer relationships."

Rigg, who has been with Plastic Mouldings Northern since the start, framed the deal as a chance "to learn from experience and expertise across the group, develop what we already do well and explore new opportunities."

The signal: The acquisition fits a broader pattern of industrial buyers adding capabilities and reach, even as deal volume softened in the second quarter of 2026. For Teescraft, bolting on a plastics specialist widens what its group can manufacture under one roof.

Read more: bdaily.co.uk

Image credit: Generated with Gemini