G&A Moulding Technology Ltd., a United Kingdom-based training and consultancy group, has been bought by RJG Inc., the U.S.-based training business.
Financial details of the deal were not revealed, but the acquisition will be complete on Jan. 1. G&A, based in Peterborough, England, will retain its name as an independent division of RJG, which is based in Traverse City, Mich.
In a statement RJG said the purchase of G&A would “strengthen its existing global footprint and result in an organization with unmatched capabilities to assist customers with consulting, training and process optimization services worldwide.”
RJG has offices in the U.S., Mexico, Ireland, France, Germany, Singapore and China, and employs 119 staff.
Speaking about the deal Rod Groleau, RJG's founder and chairman, said: “John [Goff] and his team [at G&A] have a proven reputation as a premier consulting and training organization that delivers superior value to their clients.”
Dale Westerman, RJG's president and chief executive, said his company was excited to be adding G&A's capabilities to his team “and to be adding a training facility in the UK for delivering RJG's world renowned Master Molder training classes.”
In a statement G&A's chief executive John Goff said: “The synergy between us is good, and the knowledge and expertise of the two companies complement each other in many ways.”
Richard Brown, G&A's managing director, told PRW the deal had been on the cards since his arrival last year. “For G&A to move forward we needed to be part of a larger company. Tying up with RJG will strengthen our business.
"Its ethos and approach towards training and molding technologies are identical to ours. This is recognized on both sides as a match waiting to happen.”
Brown said there would be no job losses at G&A. “If anything we will be adding to our staff numbers,” he said.