COVENTRY, U.K. (Feb. 20, 2014) – Nasmyth Group announced that it acquired the trade and certain assets of Arden Precision Limited, (“Arden”) based in Solihull. In addition to precision machining including CNC turning, CNC Milling, 4 and 5 axis milling and 3-D machining, Arden, also provides CMM inspection facilities suited to a range of components destined for aerospace applications. Nasmyth Arden, as the business will now be called, will continue to operate from its modern premises in Solihull and will be constituted as a division of Bulwell Precision Engineers Ltd., one of Nasmyth Group’s wholly-owned subsidiaries that itself specializes in all aspects of the production of components and mechanical assemblies for aerospace and similar high quality and precision requirements. Peter Smith, Chairman and Chief Executive of Nasmyth Group, commented, “With its reputation for quality, a reputation earned with such high profile clients as Rolls-Royce sub-contractors Aero Engine Controls and Meggitt, Arden Precision represents a significant asset for Nasmyth Group. For the Arden business and its employees, becoming part of a precision engineering group offering a truly optimized, international, single source supply chain will create exciting new opportunities for investment, development and future growth.”
Thu, 02/20/2014 - 00:00