EuroWire March 2015

News Corporate

Quality Products completes Fenn acquisition

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.”

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.

Quality 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 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 Products Inc (QPI),

Quality Products Inc – USA Website : www.multipress.com

Industriels sas – France Website : www.sequem.fr

11

www.read-eurowire.com

March 2015