Avon Group, a major player in the UK industrial component manufacturing sector, has acquired Edgewest Plastics.
The move marks Avon Group’s second key acquisition in the last six months, following the takeover of Scandura.
Avon Group is a multi-site, specialist manufacturing and engineering group. Privately owned and with a group turnover exceeding £80 million (€92 million), the business comprises eight group companies based in the UK and US.
Established in 1979, the group has grown to become one of the UK’s leading providers of automotive components and a major player in the development and manufacture of rubber seals for aerosols.
Edgewest Plastics, based in Gloucestershire, was established in the 1980s and supplies plastic-moulded components to some of the UK’s largest manufacturers of plumbing and bathroom products.
Scandura, based in Northamptonshire, is the longest-running gasket manufacturer in the UK. Formerly part of the OSL Group, it specialises in supplying specialist gaskets and industrial rubber products to a wide range of industry sectors, including automotive, white goods manufacturing, petrochemicals, and aerospace.
“After 40 years of consistent growth, Avon Group has not only exhibited tremendous resilience but we have continued to expand throughout the pandemic,” said Mark Rushin, group director.
“The acquisition of both Edgewest and Scandura complement the group perfectly and both mark important steps in our ambitious plans to be the supplier of choice for every customer in the markets in which we operate.
“We will be retaining the employees, equipment, and premises of both businesses and they will continue to operate autonomously as part of the group. Their addition will make a significant contribution to our growth ambitions and also secure their futures as part of a highly successful group business.”