
Corporate Finance Deal - Expromet Technologies Group
Precision engineering business Expromet Technologies Group has expanded with the acquisition of Metaltech Precision Ltd.
03 February 2021
Expromet Technologies Group has expanded with the acquisition of Somerset-based manufacturer of precision components, Metaltech Precision Ltd. Metaltech has extensive capabilities in CNC turning, milling, fabrication and welding and makes components for demanding industries such as energy, scientific instruments, pump and valve, aerospace, defence, rail and marine.
Metaltech was founded in 1973 and operates from a 50,000 sq ft factory on its four-acre site in Chard.
Expromet Technologies Group is a privately-owned precision engineering group that owns Investacast, a global supplier of investment castings, pressure die castings and forgings, with a manufacturing base in Ilfracombe; and Haworth Castings, a specialist in manufacturing sand and gravity die castings, located in Romsey and Basingstoke, Hampshire.
Bishop Fleming provided corporate finance services to Expromet including financial and tax due diligence.
Bishop Fleming provides a comprehensive range of corporate finance advisory services. For acquisitions this includes target searches, fundraising, financial modelling, due diligence and post-transaction acquisition integration.
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