Published - 18th May 2022
NC Precision joins Investacast in leading precision casting and machining group
Investacast is part of UK precision casting and machining group Expromet Technologies Group, which has just announced the acquisition of NC Precision, a leading manufacturer of precision components.
NC Precision specialises in CNC sliding head machining and miniature machining for a wide range of industry sectors. The acquisition represents a further step in the development of Expromet as a leading group of advanced precision casting and machining businesses, delivering world-class engineering solutions for performance-critical applications.
Alistair Schofield, CEO of Expromet, commented:
“We are delighted to welcome NC Precision to the group, and to further extend the substantial range of precision engineered solutions that we are able to offer our diverse customer base. As a specialist in sliding head machining, NC Precision is a logical fit for the group and there are strong synergies between NC and our existing business Metaltech Precision.”
NC Precision is a specialist CNC sliding head machining company established in 1999 to create a centre of excellence for CNC sliding head turning. The company has gone on to become one of the UK’s leading precision machining companies, renowned for high precision and producing complex components from 0.5mm to 35mm diameter for demanding end applications across its diverse customer base.
The business is based in Chard, Somerset just a few miles from Expromet Group sister company Metaltech Precision. Andy Riste, Managing Director of Metaltech Precision, said:
“I would like to thank owners Ian and Mandy Gaskell for working closely with us on this transaction. The acquisition increases our portfolio of sliding head machines to 13 and extends our capacity to offer micro machining of miniature components. I look forward to collaborating with Ian, Mandy and the wider NC Precision team as we continue to develop the business within the Expromet group.”
Managing Director Ian Gaskell believes that Expromet is the right fit for NC Precision.
“Expromet is a progressive engineering group that shares our ethos and commitment to our valued customers and employees. I am confident that, as part of Expromet, NC Precision will continue to thrive and further strengthen its position as the leading specialist in sliding head machining. Mandy and I very much look forward to working with Alistair, Andy and their wider teams in the near future.”
Expromet Technologies Group
Expromet Technologies Group is a privately-owned precision engineering group. In addition to Investacast, Metaltech Precision and NC Precision, the group also includes Haworth Castings, a specialist in manufacturing fully-tested, machined and finished sand and gravity die castings located in Romsey and Basingstoke, Hampshire.
To read the press release in full please click here.
If you would like further information on NC Precision or any Expromet Group companies, please contact Expromet on +44 (0) 1271 866 200 or email [email protected].
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