£130m turnover Cartwright Group swoops for aircraft ground support specialist
Deals news is sponsored by Pannone Corporate
Advised on deals worth £300m in the first half of 2017
Family-run trailer specialist Cartwright Group has acquired aircraft ground support equipment manufacturer Emtek Services in the latest step in the expansion of the Altrincham, Greater Manchester company.
Suffolk-headquartered Emtek has a 65-year pedigree of engineering excellence and innovation, and will continue to provide its expertise under new ownership, said £130m turnover company Cartwright. The value of the deal was not disclosed.
Founder of Emtek, Mark Fowler, will remain with the business as technical director assisted by specialist builds development manager Oliver Shaw.
Cartwright managing director, Mark Cartwright said: “We look forward to further developing Emtek’s product range and turning it into a truly global brand.”
Fowler said: “Cartwright’s skill, detail and manufacturing capacity make them ideally placed to take forward the Emtek brand.
“Our shared vision for Emtek Services is to become a global leader in the aircraft ground support equipment market by introducing forward-thinking engineered solutions and a streamlined approach to manufacturing.”
