Group makes two acquisitions
Avon Group has made two key acquisitions in the last 6 months. The first saw Edgewest Plastics (UK) Ltd join the Group in October and was followed by the acquisition of Scandura Ltd who joined in December
These are two very important acquisitions for the Group that consolidate Avon Group’s position as a major player in the UK industrial component manufacturing sector. Edgewest Plastics, based near Cheltenham, supply plastic-moulded components to some of the UK’s largest manufacturers of plumbing and bathroom products. Scandura, based in Corby are the longest-established gasket manufacturer in the UK and have unrivalled expertise supplying specialist seals to industry.
“The acquisition of both Edgewest and Scandura complement the Group perfectly”, said Mark Rushin, Group Director. “We will be retaining employees, equipment and premises of both businesses and they will continue to operate autonomously as part of the Group. Their addition to the Group will make a significant contribution to our growth ambitions and also secure their futures as part of a highly successful group business. “