The Lesjöfors Group has purchased Clifford Springs Ltd, a spring manufacturer based in Redditch, in the UK.
Clifford Springs, with an annual revenue of approximately £3 million, supported by 17 employees, manufactures and supplies an extensive range of springs including canted, PEEK, helical, meander, continuous top rail and anti-extrusion springs for markets globally.
Expanding Lesjӧfors Group’s parent owned sites to six within England, this latest acquisition grows the Lesjӧfors worldwide network of manufacturing and sales sites to over 50. It also broadens Lesjӧfors Group’s extensive global product offering with Clifford Spring’s seal energising technologies.
Lesjöfors’ CEO, Ola Tengroth, said: “Clifford Springs is an established brand with extensive technical capabilities and a broad customer base. This acquisition expands our Group’s product offering, increases our footprint in the attractive niche segment of seals and valves and strengthens our presence across the globe. We look forward to continuing to develop Clifford Springs, as part of the Lesjöfors Group, and see great potential in accelerating their growth through our sales channels.”
Clifford Springs’ CEO, John Clifford, who will continue in his operational role after the acquisition, concludes: “We are delighted to welcome the Lesjöfors Group as the new owner of Clifford Springs. We are proud of everything we have achieved to date and look forward to progressing our success even further, as part of the Lesjӧfors Group’s expansive network of leading spring manufacturers.”
