News
Corporate
March 2015
11
www.read-eurowire.comQuality
Products
Inc
(QPI),
a
manufacturer and distributor of aircraft
ground support equipment, hydraulic
press machine tools, press brakes,
hydraulic presses and shears, has
announced the acquisition of Fenn LLC.
Fenn president Paul Uccello said: “This is
a great outcome for our customers and
our companies, and we couldn’t be more
excited about our future together. With
other businesses in capital equipment
manufacturing, we believe QPI has the
right combination of business experience
and resources to allow Fenn to continue
to develop and produce high quality
machines.”
Fenn will continue to produce custom
engineered machinery to customer
specifications, whether it be rolling mills,
wire flattening and shaping, drawbench
or turks head applications. In addition,
Fenn will also continue to offer its
industrial line of products including
Torin spring coilers, swagers and impact
cut-off machines. With all of its product
lines, Fenn will also commit to a renewed
focus on machine service and spare parts
support.
QPI operates in two segments: machine
tools and aircraft ground support
equipment. QPI’s machine tools segment
consists of Multi-Press, Pacific Press and
Fenn. With roots tracing back to the
1920s, Multi-Press is a provider of hi-tech
hydraulic and electrical control presses
including a full line of bench, floor model,
and four-post configurations.
Pacific Press provides hydraulic press
brakes, shears and presses in North
America, manufacturing a broad range of
metal forming equipment. In the aircraft
ground support equipment category,
Columbus Jack has served the aviation
industry for decades, providing ground
support equipment to commercial,
military and civilian aircraft clientele.
Commenting on the transaction, Quality
Products Inc president David Somers
said: “This acquisition continues the
expansion of our businesses in metal
working machinery and equipment. We
welcome Fenn into the Quality Products
organisation, and we are excited about
the ability to increase our product
offerings and penetrate new markets.”
Quality Products Inc – USA
Website
:
www.multipress.comQuality Products completes Fenn acquisition
New Niehoff agency for
France, Tunisia, Algeria
and Morocco
Since January this year, Maschinenfabrik
Niehoff has been collaborating with a
new representative for France, Tunisia,
Algeria and Morocco.
Sequem has taken over the support in
the mentioned Niehoff sales areas from
Sifem, a company with which Niehoff had
worked together for more than 40 years.
Sequem, based at Lezennes on the
outskirts of Lille, France, has been
representing Niehoff in Belgium and
Luxembourg for ten years.
The family-run business cooperates with
about 30 manufacturers of machinery for
the wire, cable, wire processing and other
sectors of the metal working industries.
Sequem – Services et Equipements
Industriels sas – France
Website
:
www.sequem.fr