Avon Group expands footprint with two acquisitions
Posted on 15 Apr 2021 and read 306 times
Bristol-based Avon Group
has made its second key acquisition in the last six months - consolidating the company’s position as a major player in the UK industrial component manufacturing sector.
Chetenham-based Edgewest Plastics (UK) Ltd, a supllier of plastic-moulded parts to some of the UK’s largest manufacturers of plumbing and bathroom products, joined the Group in October and this has now been followed up by the acquisition of Corby-based Scandura Ltd, a gasket manufacturer. Formerly part of the OSL Group, Scandura specialises in supplying specialist gaskets and industrial rubber products to a wide range of industry sectors including automotive, white goods manufacturing, petrochemicals and aerospace.
Avon Group is a multi-site, specialist manufacturing and engineering group. Privately owned and with a Group turnover exceeding £80 million, the business comprises eight companies based around the UK and in the USA.
Established in 1979, the Group has grown progressively to become one of the UK’s leading providers of automotive components and a world leader in the development and manufacture of rubber seals for aerosols.
“After 40 years of consistent growth, Avon Group has not only exhibited tremendous resilience but we have continued to expand throughout the pandemic,” says Mark Rushin, Group Director.
“The acquisition of both Edgewest and Scandura complement the Group perfectly and both mark important steps in our ambitious plans to be the ‘supplier of choice’ for every customer in the markets in which we operate.
“We will be retaining the 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.”