Ascott Analytical Equipment, the Tamworth based manufacturer of corrosion testing equipment has been acquired by the Schunk Group in a deal that offers huge potential growth. Corrosion testing is an integral part of environmental simulation carried out on many products, from aeroplanes and cars to the smallest fasteners and fixings, allowing real world exposure to be accelerated and the effects observed.
Established over 30 years ago, Ascott have become a global leader in the world of corrosion testing, with many household names in the world of automotive and aerospace manufacturing choosing a testing chamber from the premium Ascott range.
The knowledge and experience of the company has generated a great deal of interest from other businesses over the years. Weiss Technik, a subsidiary of the German owned Schunk Group, recognised the strength and growth of Ascott and it was agreed that the two companies would complement each other perfectly and create significant opportunities for both brands around the world.
Adrian Wain, Managing Director of Ascott Analytical stated “There is a natural synergy between Ascott and Weiss Technik and we’re very excited about the future. Going forward, with the combined resources and expertise that we now have; we will go from strength to strength”
Dr. Arno Roth, CEO of the Schunk Group added “Ascott is a very good fit for the Schunk Group. With this purchase, we are significantly expanding the market position of our subsidiary Weiss Technik in the field of corrosion testing”
“Weiss Technik and Ascott together are number three in the global market for corrosion testing equipment, the two companies complement each other perfectly” explained Peter R. Manolopoulos, Member of the Executive Board of the Schunk Group and responsible for Weiss Technik.
Manufacturing and the day to day running of Ascott will continue at the Tamworth factory and Head Office, where the news of the acquisition was announced last week, and representatives of the Schunk Group were welcomed to Ascott.