Formula 1 supplier Brick Kiln secures £4m Growth Lending investment

Brick Kiln Composites Ltd, the precision engineering firm that supplies all but one of the current UK-headquartered Formula 1 teams, has secured a £4m term loan from Growth Lending to complete a management buy-out and accelerate its next stage of expansion. The facility, which includes £3m advanced on day one, strengthens the company’s ability to scale production, broaden its client portfolio and invest further in advanced composites innovation.

The Banbury-based business employs around 70 people and manufactures high-tolerance composite components, including engine cooling pipes and brake system parts, used in some of the world’s most demanding engineering environments. Its track record of precision, speed and reliability has positioned the company as a trusted supplier to top-tier motorsport and automotive clients.

Jody Shinton, Commercial Director, and Joe Carter, Operations Director at Brick Kiln Composites, said: “Completing the management buyout marks an important milestone for Brick Kiln. We’ve been leading the business day-to-day for several years, so this step brings both continuity and renewed ambition for the future. With Growth Lending’s support, we can continue investing in our people, expand our capability, and strengthen the service we provide to our clients across motorsport and beyond. We’re incredibly proud of the team and excited for the next chapter.”

Steve Wynne, Chairman at Brick Kiln Composites, added: “Brick Kiln is a high-quality, high-performance business built on deep technical expertise and strong client relationships. Jody and Joe have been central to its success in recent years, and Growth Lending’s backing provides the right platform for the next stage of development. I’m delighted to support the team as Chairman and to help accelerate the opportunities ahead.”

The investment provides a clearer ownership structure and will support the creation of new highly skilled roles as the business expands its production capability. It also builds on a series of R&D programmes that have strengthened Brick Kiln’s position within the UK’s high-value manufacturing sector.

The transaction was advised by Azets, which also carried out financial due diligence led by Katherine Broadhurst and the Cardiff team. Browne Jacobson acted for Growth Lending, while Knights advised the MBO team.

Chris Mears, Regional Head at Growth Lending, said: “Brick Kiln has established a position at the cutting edge of innovation in advanced composites manufacturing. This MBO supports the ambitions of a highly capable and proven senior management team and will enable them to build on an impressive growth story. This is an exceptional team and I am really excited to support them on the next stage of their journey.”

The strengthened leadership team combines long-standing operational expertise with experienced investor backing, creating a solid platform for sustained growth as the business deepens its contribution to the UK’s specialist engineering and manufacturing landscape.

• For more information about Brick Kiln visit: www.brickkilncomposites.com
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