EDITORIAL ROUNDUP

Cobra Tool sold to YAD Capital

A long-established manufacturing business described by its acquirer as “a true gem” has been sold to YAD Capital Investments in a deal advised on by KBS Corporate. Cobra Tool & Die, based in Portsmouth, was founded in 1983 and has earned an excellent reputation as a manufacturer of all types of mould tools, as well as a provider of tool repair, modification and CNC machining services.

“This isn’t just another deal, it’s the beginning of a new chapter for a business with 42 years of legacy, craftsmanship and loyal customer relationships,” says Anil Daas, founder and CEO of YAD Capital Investments. “Cobra Tool & Die is a trusted name in the south, known for its precision, quality and a team of highly skilled professionals who keep things running like clockwork.”

More information www.kbscorporate.com

Burchills Automotive on road to growth

A Black Country manufacturer that puts the performance and acoustics into exhaust systems is targeting new opportunities after external business support paid off. Turning to the Walsall High-Growth Programme, the management team accessed guidance on streamlining production, working towards sustainable improvements and leadership and development opportunities. Part of the assistance was on navigating the different support programmes in place, which led to a near £30,000 grant from Walsall Council to support the £60,000 purchase of a new tube bending machine.

More information www.walsall-highgrowth.co.uk

TÜV Rheinland becomes EC ‘Notified Body’

With the new EU Machinery Regulation (EU) 2023/1230, the European Commission (EC) is setting new standards in the protection of people and technology. TÜV Rheinland, a global provider of testing, inspection and certification services, is now playing a key role in this: the EC has now officially recognized the company as a ‘Notified Body’ for testing and certification according to the new machinery regulation, which enters force on 20 January 2027.

“The main changes to the Machinery Directive relate to the digitalisation and connectivity of machines,” explains Thomas Koester, global head of the Technical Competence Centre for Industrial Machinery at TÜV Rheinland. “The focus is on AI, cybersecurity, human-robot collaboration and the networking of machines via the internet.”

More information http://tuv.li/1lb6

PolyWorks Training Event

3D Scanners UK is inviting industry professionals to join it at the AMTC in Coventry on Tuesday 13 May for a day of PolyWorks training featuring expert insight, hands-on learning and valuable networking opportunities. Visitors will discover the latest PolyWorks innovations and learn how to work smarter, faster and more efficiently with 3D measurement data. The sessions will provide new tips and techniques to help optimise workflows and enhance productivity. A dedicated metrology exhibition will also take place featuring leading hardware vendors that integrate with PolyWorks software.

More information www.bit.ly/4jiBDKl

New CEO at Kellenberger

Kellenberger, a global provider of metal-cutting solutions, has appointed Carsten Liske as its new CEO with immediate effect. Liske is an experienced executive in the machine tool industry, serving most recently as CEO of the Chiron Group. He has also held senior leadership positions at OC Oerlikon and ABB Group. “Carsten brings extensive global leadership experience along with a strong background in technologically advanced capital goods businesses,” says Kellenberger chairman Quinn Morgan. “We look forward to partnering with him to continue Kellenberger’s growth.”More information www.kellenberger.com