Bristol, UK - Manufacturing and engineering specialist Avon Group has made two key acquisitions in recent months in a bid to consolidate its position in the UK’s industrial components manufacturing sector.
The UK group acquired Edgewest Plastics (UK) Ltd in October last year and has most recently taken over rubber products manufacturer Scandura Ltd, Avon said in a 13 April statement.
Based in Corby, Northamptonshire, Scandura is "the longest-established gasket manufacturer in the UK," according to Avon.
Formerly part of the OSL Group, it specialises in supplying specialist gaskets and industrial rubber products to a wide range of industry sectors including automotive, white goods manufacturing, petrochemicals and aerospace.
Edgewest Plastics was established in the 1980s in Cheltenham, Gloucestershire, and supplies plastic-moulded components to some of the UK’s largest manufacturers of plumbing and bathroom products.
Privately-owned Avon Group operates multiple sites and includes eight companies based in the UK and the US. The group reported sales of over £80 million (€92 million) last year.
Established in 1979, the Bristol-based manufacturer is a provider of automotive components and is claimed to be “a world leader in the development and manufacture of rubber seals for aerosols.”
“The acquisition of both Edgewest and Scandura complement the group perfectly," said said Mark Rushin, group director.
The takeovers, he said, are part of Avon Group's ambitious plans to be the ‘supplier of choice’ for the markets in which it operates.
Post-acquisition, both businesses will retain their employees, equipment and premises.