Tue, 19 Sep 2023 | BUSINESS SALE
MattressTek, a machinery manufacturer based in Rossendale, Lancashire, has expanded with the acquisition of assets and personnel from a counterpart based in Accrington. The company has acquired the assets and personnel of MPC, creating a new business – MPC TEK.
MPC, which was formed in 2004, specialised in providing subcontract machining services. Following the acquisition, the firm’s operations manager Patrick Mitchell will remain a key part of the newly formed business.
MPC TEK will be the internal machining arm of MattressTek and the recently launched AutomateTek. The company, already established manufacturers of automation machinery and production lines for a range of industries, will now be able to bolster their operations, undertaking commissioned work, including CNC machining, turning, milling and metal working.
Shaun Peel, technical director at MattressTek and AutomateTek, said that the company had worked with MPC for many years and that when the firm became aware of the opportunity to acquire parts of MPC’s business “we couldn’t say no”.
Saying that the deal “significantly increases our in-house machining capability and contributes to our lean approach”, Peel added: "We will be building on their experience to also provide services to other companies who need it. Workers from the company will also join our fabrication department and take up some of the space in our recently expanded unit.”
Find out about recent M&A trends in manufacturing
This is a unique opportunity to acquire a thriving cold pressed juice manufacturer and online retailer based in Liverpool, Merseyside, with a strong market presence.
This is a unique opportunity to acquire a Southern-based steel fabricator with a skilled workforce boasting over 150 years of combined experience.
This is a rare chance to acquire a long-established and internationally recognised machine tool and heater manufacturer, known for its innovative designs and skilled workforce. This opportunity would be particularly well-suited for individuals or ent...
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.