Scolmore Group acquires Scottish firm

Posted on 08 May 2018 and read 612 times
Scolmore Group acquires Scottish firmTamworth-based Scolmore Group, a supplier of lighting and security products, has acquired Sangamo, which specialises in time switches and heating controls.

Gary Mordue, managing director of Scolmore Group, said: “Sangamo’s location in Port Glasgow gives us the perfect manufacturing base and a regional office to service our customers in Scotland and the North of England.

“The company will continue to trade as an independent entity in all of its major functions.”

Birmingham-based corporate finance firm Orbis has worked alongside investors and management since Sangamo was bought from Actaris in 2002.

Chris Gregory, an Orbis partner and Sangamo board member, said: “Orbis has been heavily involved in the strategic development of Sangamo in recent years, culminating in the successful sale to Scolmore Group, which will provide a sound base for the future development of the Sangamo brand and business.”

Scolmore Group, which employs around 150 people, generated pre-tax profits of £6.1 million in the financial year to April 2017.

Be seen in all the right places!

Southern Manufacturing 2019 Expo Manufactura 2019 TIMTOS 2019 WIN Eurasia 2019 Intermach / MTA 2019 Metaltech 2019 EMO 2019 MACH 2020

Machinery-Locator
The online search from the pages of Machinery Market.

2004 Mazak FH 10800
Twin Pallet Horizontal Machining Centre

Mazatrol Fusion 640 M
Pallet size 1000 x 1000 mm
X/Y/Z
Twin Pallet Horizontal Machining Centre Mazatrol Fusion 640 M Pallet size 1000 x 1000 mm X/Y/Z ...
MazMac Ltd