EoW March 2010

corporate news

News of Wardwell

SKET Verseilmaschinenbau Magdeburg GmbH has acquired the assets of Wardwell. SKET had previously purchased the assets of Wardwell Europe and was also the highest bidder for the assets of the braiding machine manufacturer at auction on 14 th December 2009. A spokesperson for the German manufacturer and member of the WILMS Gruppe confirmed the acquisition and its plans to restart operations at the same location on 4 th January 2010. “We are pleased to add the Wardwell brand and products to our program and offer more options to our customers. “Wardwell has been supplying braiding equipment to the wire and cable industry for 98 years and has many prominent and loyal customers,” said the source. The new company will have a smaller work force, initially, and a new name – Stolberger Incorporated DBAWardwell Braiding Co. Stolberger Incorporated DBAWardwell Braiding Co – USA Berlin email : hbaumbach@spirka-schnellflechter.com USA email : jtomaz@wardwell.com New use for established wire site Webster & Horsfall, UK-based manufacturer of wire and strip products since 1720, is to redevelop its 10-acre business site in Birmingham, UK. The company plans to consolidate its activities into 9,290m 2 , representing around a third of the buildings on the site. Charles Horsfall explained: “For a manufacturing business, such as ours, to survive in the 21 st century we need to modernise and invest, and the development of the site will generate an income stream from our surplus land.” The site, to be named Tyseley Energy Park, is well placed to appeal to other occupiers and negotiations are already under way. Webster & Horsfall Ltd – UK Fax : +44 121 766 5816 International show organiser, Mack Brooks Exhibitions Group, has acquired the entire shareholding of Fastener Fairs Limited for an undisclosed figure. Fastener Fair, which takes place in Stuttgart, Germany, is believed to be Europe’s largest trade exhibition for fastener technology: 625 exhibitors and some 6,000 visitors attended the record exhibition in October 2009. A satellite event of the show, targeted to the Hungarian fastener and fixing market, is organised for Budapest in September 2010. With Fastener Fairs Limited, Mack Brooks also acquired the Fastener+Fixing magazine. Mack Brooks’ chairman and CEO, Stephen Brooks, commented: “The highly targeted international trade show Fastener Fair fits in perfectly with the Mack Brooks portfolio of industrial trade exhibitions. We see significant potential to take forward the Fastener Fair brand as the leading event in the fastener and fixing sector.” The next event for the European fastener industry, Fastener Fair 2011, will take place from 22 nd to 24 th February 2011 at Messe Stuttgart, Germany. Fastener Fairs Ltd – UK Website : www.fastenerfair.com Fastener Fairs changes hands Email : sales@websterandhorsfall.co.uk Website : www.websterandhorsfall.co.uk

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EuroWire – March 2010