Helix Tool Company, which was recently backed by NVM, has completed a double
acquisition as it seeks to consolidate the industrial cutting tool distribution market. In
undisclosed transactions, the Leeds-based business has acquired Floyd Automatic Tooling
and Nsert. These purchases are complementary and have been completed in line with
Helix’s organic and M&A led strategy. Following these transactions, Helix remains acquisitive
with adequate funding available to enable further consolidation across the market focussing
on technical-led tooling distributors in the UK.
More information www.helixtools.co.uk