Bristol, England — Manufacturing and engineering specialist Avon Group has made two key acquisitions in recent months in a bid to consolidate its position in the United Kingdom's industrial components manufacturing sector.
Avon acquired Edgewest Plastics (U.K.) Ltd. in October last year and has most recently taken over rubber products manufacturer Scandura Ltd., Avon said in an April 13 statement.
Based in Corby, Northamptonshire, Scandura is the longest-established gasket manufacturer in the U.K., according to Avon.
Formerly part of the OSL Group, it specializes in supplying specialist gaskets and industrial rubber products to a wide range of industry sectors including automotive, white goods manufacturing, petrochemicals and aerospace.
Edgewest Plastics was established in the 1980s in Cheltenham, England, and supplies plastic-molded components to some of the U.K.'s largest manufacturers of plumbing and bathroom products.
Privately-owned Avon Group operates multiple sites and includes eight companies based in the U.K. and the U.S. The group reported sales of more than $110 million last year.
Established in 1979, the Bristol-based manufacturer is a provider of automotive components and claims to be "a world leader in the development and manufacture of rubber seals for aerosols."
"The acquisition of both Edgewest and Scandura complement the group perfectly," Group Director Mark Rushin said.
The takeovers are part of Avon Group's ambitious plans to be the supplier of choice for the markets in which it operates, he said.
Post-acquisition, both businesses will retain their employees, equipment and premises.