CEA member company, Fablink Group, have acquired the business and assets of Toolspec Manufacturing limited out of administration, saving 73 jobs.
With approx. 60 years’ experience, newly named Fablink Toolspec has a rich history as specialists in tubular manipulation, robotic and manual welding of complex assemblies, as well as tooling design and manufacturing capabilities. This acquisition will extend Fablink’s existing competences in a synergistic way which offers exciting opportunities for growth.
Richard Westley, CEO of Fablink Group said: “Toolspec benefits from a 60-year heritage and deep expertise in the production of specialist tubular parts and assemblies. This acquisition broadens our customer base and manufacturing capability. We look forward to working with the Fablink Toolspec team as we continue to develop and enhance our Group’s value proposition.”
Fablink Toolspec will continue to operate as usual from its Luton factory. To understand more about its capabilities please visit www.toolspec.co.uk, or should you have any queries about this acquisition, please ring our Head Office on 01604 880261.