WEC, a leading fabrication and contract manufacturing company in the UK, has acquired Laser Profiles Ltd, a Dorset-based leader in precision laser cutting.
This strategic acquisition aligns with WEC’s growth plans by extending its reach to Southern England.
Acquisition Details
WEC, the UK’s largest fabrication and contract manufacturing company, acquired Laser Profiles Ltd, a precision laser cutting leader based near Bournemouth, Dorset. This move is described as a “gateway to the south” for the Lancashire-headquartered group.
Technological Expansion
Laser Profiles provides laser cutting services to various key supply chains in the South of England. Their addition will bring cutting-edge technology to WEC Group, enhancing its capabilities in laser cutting.
WEC’s Capacity
WEC employs 200 skilled welders, 13 robotic welding cells, and offers in-house powder coating and wet painting capabilities.
Strategic Importance
Pickles highlighted that the acquisition would harness synergies between their capabilities and expertise, reducing manufacturing lead-times further.
Financial Performance
WEC employs 900 staff across nine manufacturing sites in Lancashire, Merseyside, Yorkshire, and the West Midlands.
Previous Acquisitions
These acquisitions have expanded WEC’s capabilities and market presence, demonstrating their commitment to excellence.
Market Leading Position
The addition of Laser Profiles aligns with WEC’s long-term growth strategy.
The acquisition of Laser Profiles by WEC Group is a significant step towards their growth and expansion in the UK.
This move not only enhances their technological capabilities but also opens doors to new market opportunities in Southern England.