****New appointment to the Board****

Ricor Global Limited would like to announce that Mr. Mike Flewitt, former CEO of McLaren Automotive Ltd, has agreed to join the company as a Non-Executive Director and Chair of the Board of Directors.

?Ricor which has manufacturing facilities in the UK, Poland & Slovakia and is continuing to invest in its plant, people and business structure to support its growth ambitions. Following on from the acquisitions of Walpres and Arlington North East, the Group is preparing for additional organic and acquisitional growth over the next few years.

?With this ambition in mind, and to support the next stages of the Group's development, Ricor has recognised the need to strengthen and re-structure the team and Mike will bring significant expertise and vision to the already strong senior board. Mike has a prestigious and respected automotive pedigree, with ten years at McLaren Automotive, eight as CEO, and prior to this as a Manufacturing VP and Corporate Officer at Ford Motor Company.?

Ricor Global Limited continues to evolve as a major international player in the automotive industry and beyond. Supplying a wide range of both OEM and Tier one customers, our expertise is in the supply of metal stampings, tube manipulation and assemblies throughout the vehicle structure. With seven facilities in the UK, Poland and Slovakia and an office and tooling facilities in China, Ricor has an established international footprint which is well situated to support its customers on a worldwide basis. The next phase of our development will see further expansion in Europe and investment into the UK.

?Group Chairman, Mr. David R. Johanson confirms, “I am very proud of our business and the dedicated contribution from each and every employee. It is our willingness to go the extra mile with customers and find the optimal technical and commercial solution which is the cornerstone of our success. I’m honoured that Mike has agreed to join us as this exciting stage of our development”.

For more information about Ricor contact [email protected]