Machinery distributor acquired as tools provider broadens its offering
Hull-based tooling supplier, Stonegate Precision Tooling, has acquired machinery distributor National Masonry Ltd.
Stonegate is based in a new 42,500 sq ft premises in North Cave. It explains the takeover forms the next stage in its growth plans, while also widening the portfolio of products that it offers.
National Masonry Ltd, also commonly known as Stone Equipment International, is headed by managing director Andy Bell and is a UK supplier of specialist Italian Marmo Meccanica machinery, primarily focusing on edge polishing machines.
Its business model focuses on enabling fabricators to save money on costly repairs, by part exchanging their existing machinery for newer and more effective models.
Stonegate says it will look to continue the important work done by Bell, by working with Marmo Meccanica to ensure UK stone fabricators receive the support and advice needed when assessing edge polishing options.
Stonegate managing director, Graham Hazell, said: “Our mission is to put innovation at the core of our business and provide valuable advice that leads to an impeccable customer experience.
“We do this by working with our customers and listening to their challenges, in order to provide the solutions and support they need to excel in what they do.
“An established business like National Masonry Ltd, which has been brilliantly run by Andy for 30 years now, is a perfect addition to the Stonegate portfolio of solutions.
“We look forward to carrying on the excellent work and working closely with a prestige company like Marmo Meccanica.”
Bell said: “It goes without saying that National Masonry Ltd is very, very close to my heart.
“When I made the decision to step away from the business, I wanted to ensure it was passed onto a safe pair of hands.
“I assessed many options within the UK market and discovered that the values and ethos of Stonegate were close to, not only my own, but also those of Marmo Meccanica.
“I will be staying with the business in a consultancy basis and am I excited to be part of the next stage in the progression of National Masonry Ltd and Marmo Meccanica in the UK market.”