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 | Under New Ownership 20th Aug 2021 We can now reveal that Pressure Tech Ltd has successfully completed the acquisition of Asgard Engineering Ltd! Established in 2000 and also based in the UK, Pressure Tech manufactures high quality pressure regulators to countries around the globe. New owner, Steven Yorke-Robinson, commented: "In addition to being one of our main suppliers, there was an important synergy between the two companies. Both Pressure Tech and Asgard have a shared belief in the importance of high-quality products. I have already spoken to some of Asgard’s existing customer base and one thing was clear; the quality of the products manufactured is one of the key reasons why they return time and again. "When the opportunity to purchase Asgard became known, we instantly saw opportunities to achieve growth. A key part of the expansion strategy is investment in their operating systems and employees. Plans are already under way to implement production improvements with a new MRP system, and proactive marketing campaigns will help drive our growth ambitions. "Whilst being owned by Pressure Tech, Asgard Engineering will continue to operate as a separate entity and service their existing customer base to the same high-quality standards that their customers have come to expect". If you'd like to hear more, Steve would love to hear from you at steve@asgardengineering.co.uk. |
