Black Country engineering group William Hackett Chains has completed the acquisition of rival Bradney Chains.
The acquisition will create the UK’s first Centre of Excellence for Chain Manufacture and Assembly which will be based out of Cradley Heath in the West Midlands. The multi-million pound investment programme will enable William Hackett Chains to focus product innovation at its sites across the West Midlands, an area which provides a vital source of knowledge and skilled labour for chain manufacture and assembly.
The company supplies chain products for the marine, offshore oil, mining and agricultural markets around the world.
Tim Burgess, managing director of William Hackett Chains, said: “Reinforcing our investment in the West Midlands enables us to focus our product development, innovation and expertise in one area, ensuring we can continue to supply the high quality product to the markets in which we serve.
“William Hackett and Bradney’s have been manufacturing chains in the West Midlands since the 1800s. Through the acquisition of Bradney’s we are reinforcing the UK’s position as one of the leading suppliers in the world.”
NatWest’s Richard Dowen commented: “The West Midlands has a fantastic heritage in engineering and the investment programme which William Hackett Chains has commenced is helping to secure the future of jobs and the development of this critical UK based industry.”