BARKING, England (Sept. 20)—Icon Materials Technologies (Holding) Ltd. has acquired Northern Rubber Co. Ltd. from Tomkins P.L.C., which is selling off non-core businesses. The automotive and industrial parts maker is the second rubber firm to join Icon, which last year acquired William Warne Ltd. Icon was formed in 1999 with the aim of achieving leading positions in selected markets including the rubber products sector. The group's two rubber firms have a combined sales of about $28 million. Northern Rubber's product range fits closely with the Icon Warne range since the firms supply similar products to the same customer base, according to Icon Managing Director Richard Gogerty.
Icon Materials buys Northern Rubber
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