£80m turnover group acquires specialist components manufacturer
A specialist Yorkshire-based manufacturer has been acquired by Bristol-based engineering and manufacturing business.
Avon Group has bought AntiVibe (Hull) Ltd, as part of its plans to target new markets and bolster its position as a leading player in the UK’s industrial component manufacturing sector.
AntiVibe is a producer of power transmission couplings and precision-made technical rubber and plastic components. These are used in a wide range of industrial machinery as well as in the automotive market – both in cars and heavy plant.
Established in 1998, the firm also has extensive expertise in the design of critical components for the aerospace sector, supplying moulded rubber and rubber metal-bonded products for dynamic testing in wing and airframe construction.
In addition, AntiVibe makes a range of rubber suspension and vehicle components, products for airport baggage reclaim systems, and components for power tools.
Avon Group also acquired Telford-based AcoustaProducts Ltd in March. Acousta is a manufacturer of acoustic foam and rubber products for a variety of industrial customers in the automotive, medical, air conditioning and packaging sectors.
Mark Rushin, group director of Avon Group, which has a turnover of nearly £80m, said: “AntiVibe has a really strong reputation for quality and service in its chosen markets and its experience, knowledge and skills in the manufacture of rubber products is very extensive. It’s a perfect fit for us.
“The integration of the business within Avon Group will create the opportunity to relocate the business to new premises when its current lease expires and take advantage of the resources and investment potential of being part of a larger group of like-minded businesses operating in similar markets.
“This is another significant acquisition for the Group as we have continued to invest, through challenging times, in businesses that can contribute added depth and scale to our existing group offering.”
Avon Group plans to integrate the Hull business with its Scandura subsidiary in Corby, but the firm will continue to operate under the AntiVibe name.
AntiVibe’s current business owners, Pete Bolton and Mike Render, will stay on board to oversee the integration of the business with Avon Group.
