Cooper & Turner owner Andaray has acquired Beck Industries, as of this month.
Beck Industries is a 100 year old-plus France-based manufacturer and distributor of certified high security bolting components and – now combined with Cooper & Turner – aims to be a global manufacturer of safety critical fastening applications for a broad range of industries, including renewable energy, downstream oil and gas, nuclear, rail, tunnelling, construction and heavy equipment.
The acquisition of Beck comes two years after Watermill Group bought Sheffield fastener manufacturer Cooper & Turner.
The Beck and Copper & Turner team up means the combined company boasts services that span key production processes, including hot and cold forming, heat treatment, CNC machining, thread rolling, robotics and automation. These collective capabilities and larger operational footprint enable the supply of world-class products and services from 17 strategically positioned facilities throughout Europe, North America, Asia and North Africa, the press statement said.
“We are excited to join the Cooper & Turner family,” said Hugues Charbonnier, former Beck President, who together with his wife Karine Charbonnier are selling Beck and both remaining on the management team as Executive Vice Presidents of Cooper & Turner. “Our complementary technologies, facilities, services and product portfolios will form an unequaled platform to serve local and international clients.”
Tony Brown, Group CEO and President, Cooper & Turner, added: “Today’s acquisition strengthens our position as a seamless, one-stop shop for the highest-quality, mission-critical industrial fasteners. Supported by our partners at the Watermill Group, we see tremendous opportunity to accelerate innovation and growth within the global energy and infrastructure markets.”
Watermill Managing Partner and Founder, Steven E. Karol, commented: “This is an ideal time for these companies to come together. Both are thriving and well positioned in their respective markets. We are looking forward to supporting the combined management team in capitalising on the inherent opportunities.”