Established industrial valves manufacturer acquired
Pneumatic Components Ltd (PCL), a Sheffield-based brand for tyre inflation and compressed air products, now has a new subsidiary company – valve manufacturer Colson X-Cel.
The acquisition of this maker of industrial valves for the control and regulation of liquids and gases officially completed earlier this month.
PCL’s ultimate shareholder, INDUS Holding AG, said Rotherham-based Colson will further strengthen INDUS’s international strategy of “local-for-local manufacturing.”
Colson has around 40 employees, generates annual sales of around £6m, and has been an established, key supplier of valves to the chemical, offshore, oil and gas industries since the 1990s.
Its range of double block and bleed and instrument valves are machined, assembled, tested and quality assured in-house at its facility just outside Sheffield.
Its portfolio will complement the HORNGROUP’s expert solutions for refuelling and workshop applications and PCL’s portfolio, which includes the brand’s “Made in Sheffield” products.
Colson will continue to be managed by existing directors James Hinchliffe (Sales) and Dean Groombridge (Production), with James Houston, Dean Battersby and Lee Wright also joining the board of directors.
PCL managing director, Lee Wright, said: “I am pleased to introduce Colson X-Cel as a new and valued member of the family.
“The company’s South Yorkshire roots and dedication to UK manufacturing, coupled with its exacting standards for product performance, safety and reliability, make Colson the ideal addition to our fold, where customer satisfaction comes first. It’s clear that we share many of the same values and ideas.
“As we look to understand more about the differing market and product profiles, our aim is to support and facilitate future growth, as well as begin to understand how we might unlock synergistic benefits for both businesses over the longer term.”
