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Bristol-based engineering and manufacturing enterprise Avon Group has accomplished its second acquisition in two months with the acquisition of AntiVibe (Hull) Restricted.
This newest acquisition varieties a part of Avon Group’s bold plans to focus on new markets and bolster its place as a number one participant within the UK’s industrial element manufacturing sector.
AntiVibe is a specialist producer of energy transmission couplings and precision-made technical rubber and plastic elements. These are utilized in a variety of commercial equipment in addition to within the automotive market – each in automobiles and heavy plant.
Established in 1998, the agency additionally has in depth experience within the design of crucial elements for the aerospace sector, supplying moulded rubber and rubber metal-bonded merchandise for dynamic testing in wing and airframe development.
As well as, AntiVibe manufactures a spread of rubber suspension and automobile elements, merchandise for airport baggage reclaim methods, and elements for energy instruments.
Avon Group additionally acquired Telford-based AcoustaProducts Ltd in March. Acousta is a number one producer of acoustic foam and rubber merchandise for all kinds of commercial clients within the automotive, medical, air con and packaging sectors.
Mark Rushin, Group Director of Avon Group, stated: “AntiVibe has a extremely robust fame for high quality and repair in its chosen markets and its expertise, information and abilities within the manufacture of rubber merchandise could be very in depth. It’s an ideal match for us.
“The combination of the enterprise inside Avon Group will create the chance to relocate the enterprise to new premises when its present lease expires and reap the benefits of the sources and funding potential of being half of a bigger group of like-minded companies working in comparable markets.
“That is one other vital acquisition for the Group as we’ve got continued to take a position, by difficult instances, in companies that may contribute added depth and scale to our present group providing. Each these companies enable us to range additional into new markets and develop the enterprise whereas different manufactures are doing the alternative.”
Avon Group plans to combine the enterprise with its Scandura subsidiary in Corby however the agency will proceed to function below the well-respected AntiVibe title. AntiVibe’s present enterprise homeowners, Pete Bolton and Mike Render, will keep on board to supervise the combination of the enterprise with Avon Group and its expert workforce will likely be provided the chance to relocate to its new location.
The submit Avon Group acquires AntiVibe for second acquisition in two months appeared first on Enterprise Chief.
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