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Cooper and Turner bolts on distributor in global deal
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In March 07 Cooper and Turner announced a merger with Glasgow based distributor of industrial fasteners, McLean Buchanan & Wilson (MBW).
The merger will provide Cooper and Turner with an enlarged sales distribution network, whilst strengthening MBW's existing position within the highly competitive global fasteners market.
Combined turnover of the two companies is expected to grow to over £40 million over the next few years following the deal.
Tony Brown, managing director of Cooper and Turner said
'We've worked with MBW for over 25 years and during this time we've formed a very close relationship. Merging the two businesses makes a great deal of sense for both organisations and the synergies are significant. We can unlock far greater potential via the utilisation of MBW's established sales channels across Europe and the rest of the world."
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This information was announced to the trade and general press by Citypress 0161 606 0260. |
