Acousta Products has been given major boost after parent company Avon Group made a long-term commitment by acquiring the freehold of the Stafford Park manufacturing premises.
Investment in factory freehold
The deal follows Avon Group’s purchase of Acousta Products in February 2022, which marked expansion into specialist foam, off-highway noise, vibration and harshness (NVH) work and precision tape and kiss-cutting capabilities.
Successful completion of the second phase of Avon Group’s Acousta Products strategy heralds a green light for significant investment at the 25,000-square feet premises.
Welcoming the news, General Manager Robert Hamilton said: “This long-term commitment is a real statement of intent. It shows Acousta Products is here to stay in a strategically important part of the UK and provides the stability for us to look forward with confidence.”
Major milestone for Avon Group
Acquisition of the freehold represents a major milestone in Avon Group’s continuing expansion and investment strategy.
Mark Rushin, Group Director of Avon Group, said: “To maintain Acousta Products’ momentum and strengthen its place in a vibrant business community, we will invest £250,000 over the next 24 months, with the goal of creating ‘world-class’ facilities in line with our ‘Avon Way aesthetic transformation’.
“This is a significant milestone which not only shows Acousta Products is here to stay in Telford but also underlines Avon Group’s commitment to growth and demonstrates overall resilience in challenging times – a hallmark that sets us apart from competitors.”
