Monday, October 6, 2014

News: Samuel Hodge acquires Mac'Ants

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Mac'Ants Abrasives, the supplier of abrasive material used in sandblasting and manufacturing, and based at Dinnington in Rotherham, has been acquired by Sheffield's Samuel Hodge Group.

The origins of Mac'Ants date back to 1973 and the company has diversified to create different types of material, from fused Alumina used to surface finish aerospace castings, to plastic media used as an environmentally acceptable alternative to chemical strippers. The Todwick Road firm is amongst the world's largest plastic media manufacturers supplying products to over 50 countries across the globe.

Headquartered in Orgreave, Sheffield, Samuel Hodge is a privately owned engineering group with operations across the UK and Poland. With a history dating back to 1887, the group’s activities span a diverse range of industrial sectors including aerospace, marine and brewing.

Following the acquisition the enlarged Samuel Hodge Group will employ more than 180 people and have a combined turnover in excess of £25m.

Neal Crisford, managing director at Samuel Hodge, said: "Mac'Ants is a very well respected name in the industry and we are delighted to welcome the team into the Samuel Hodge Group. We share the same ethos of quality and innovation and together Hodge Clemco and Mac'Ants will be able to offer our customers an unparalleled range of equipment and consumables for surface treatment and blast cleaning."

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A team of advisors from BHP Corporate Finance and Irwin Mitchell has advised Samuel Hodge Group on its acquisition.

Kevin Cunningham, corporate partner at Irwin Mitchell, said: "The Samuel Hodge Group is a great example of why Yorkshire has such a strong reputation for engineering excellence and innovation. This is a superb acquisition and one which will strengthen its already market leading position in the surface treatment and blast cleaning sector."

Don Gray, partner at BHP Corporate Finance, added. "The transaction is a great example of a business executing a strategic acquisition to enhance its service and product offering. With confidence in the economic outlook continuing to improve, we are seeing an increasing number of clients looking at acquisitions as a key element of their growth strategy."

Mac'Ants Group website
Samuel Hodge Group wesbite

Images: Mac'Ants

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