EuroWire September 2023

Corporate News

WintWire acquires UK business of Firebird Metals WintWire Ltd, a wire manufacturer based in Sheffield, UK, has expanded with the acquisition of its close rival Firebird Metals for an undisclosed sum. Firebird has traded in Sheffield for more than 20 years as a stockholder and trader of nickel alloy and stainless steel precision wire with strong links to producers in both the EU and the USA. of schedule and unlocks some fantastic new opportunities, [including] a large amount of wire stocks such as Inconel, Hastelloy, Nimonic and stainless steels. This will vastly increase our product offering. We have listened to our customers, who have been looking for an alternative source direct from a manufacturer, and acted upon it.

Mr Turner added, “With orders in hand totalling more than £1.6mn we are on track for a record breaking year.”

Ben Turner, managing director of WintWire, said, “This acquisition has progressed our growth strategy slightly ahead

Firebird managing director Neil Skinner, who will initially stay on in an advisory role, said, “There was no better company to sell our UK business to. This is a fantastic coming together of two businesses which have an incredibly similar ethos. The acquisition will benefit from huge synergies and will support our customers’ own growth ambitions by creating a market-leading stockholder and manufacturing facility under one roof, reducing lead times and increasing product offering.” The deal creates a territory partnership with French wire stockist AMIC Sarl that will enable supply chain integration, combining high levels of stock with access to WintWire’s wire manufacturing operation. WintWire Ltd www.wintwire.co.uk

The acquisition increases WintWire’s stock holding

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ARRIVALs

EMO Hannover 18th-23rd September 2023 Hannover, Germany

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