The Manchester-based Group, which is run by Simon Weston and backed by Amin Amiri of a2e Industries, has purchased King & Fowler in a deal that will safeguard all 59 jobs and signal a new investment drive in processes and plant at its Liverpool factory.
The move will enhance the group’s operating efficiencies, provide access to an extended blue chip client base and make the most of a number of synergies that should increase sales for both parties.
It also brings a new manufacturing discipline to the rapidly expanding North West group, with it now able to access world class anodising, plating, heat treatment and non-destructive testing.
This means that ASG will be able to deliver a ‘one-stop’ engineering portfolio from tooling and machining to assembly and finishing.
Simon Weston, group MD of ASG, commented: “We are delighted to welcome King & Fowler to the ASG family and see this acquisition as a strategic fit, adding more capability to our portfolio. This acquisition strengthens our commitment to our customers, providing end-to-end capabilities for commercial and military aerospace contracts.
“Its reputation in the aerospace sector is well respected, with Nadcap accreditation and over 15 customers approvals already in place. More importantly, it has unrivalled expertise in the surface treatment of critical components and, with renewed investment, we believe we have the opportunity to grow sales by 30% over the next 12 months.
“This will involve the creation of a number of new jobs and the opportunity to complete work for other domestic and international member companies in ASG.”
Mark Huddleston, who remains as director of King & Fowler, added: “While we have been approached on a number of occasions by potential buyers, the investment record and market growth of ASG made this the right next step and we look forward to upgrading our facilities whilst supporting the group in their strategic objectives.”
Manchester-based Aero Services Global Group manufactures and sub-assembles detail airframe structural equipment and aero engine components for more than 20 leading OEMs and Tier 1 suppliers. The company acquired Phoenix and now has eight subsidiary companies, including Queens Award-winning Arrowsmith Engineering, B&H Precision Tooling, Datum, Ludolph, TGM and AMF Precision Engineering.
