AxFlow has announced the ‘friendly’ acquisition of Crest Process Engineering, Radstock, as of 1 October.
Following the acquisition, the ‘Crestpro’ business will now be known as AxFlow-Radstock. The business will continue trading from the same location.
UK based Crestpro has, according to an AxFlow statement, a strong presence throughout the south-west of England and Wales. The company was founded in 1986.
Axflow is a European based specialist in fluid handling solutions. The company has already made several acquisitions this year, including South African pump distributor AQS Industries and Australian centrifugal pump manufacturer Browns Brothers/Kelair.
“The engineering experience and facilities that Crestpro has established over many years is a perfect match for AxFlow, and enables us to give enhanced support for our customers at a local level and also grow our business in the South West of England and South Wales”, said AxFlow managing director Tony Peters.
“The acquisition is of great significance because it also gives AxFlow exclusive distribution of the Argal centrifugal plastic mag-drive pump range and mechanical seals”
Peters continued: “Crestpro now becomes AxFlow’s South West base, adding to the company’s service and engineering bases in Aberdeen, Durham and Huddersfield. All these regional bass are supported from AxFlow‘s new headquarters in Slough which provide sales, design and extensive engineering services. With the addition of Crestpro the AxFlow company in Great Britain now has 100 employees and a targeted annual turnover approaching £20 million.”