Cable manufacturer completes acquisition
Tratos, the UK distribution subsidiary of electrical cable manufacturer Tratos Cavi of Italy, has completed its acquisition of North West Cables and its subsidiary Modular Wiring Systems.
The deal grows the group to £20 million with 75 employees in the UK, and €150 million with 350 employees worldwide. It has also resulted in all UK manufacturing being transferred to the bespoke Knowsley facility. Further staff have been employed at Knowsley to allow for the increased output.
Under the new ownership, North West Cables has become Tratos, whilst Modular Wiring Systems will retain its name and become a Tratos Group Company. Whilst already established in the UK the Group aims to develop its current client base and secure new clients, whilst maintaining recognised quality certifications including Basec, Lloyds Register and LPCB.
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