A UK metal pressings and stamping specialist has set its sights on growth after sealing its latest strategic acquisition. Pre-Met, which operates from a 50,000 ft² factory in Redditch, has purchased nearby Quality Springs & Pressings (QSP) in a deal that will boost market share in the automotive, construction, environmental and transport markets – and help the business move toward its targeted revenue milestone of £10m.

All 16 employees are being retained to take the total workforce to 60, with the transfer of production machinery and equipment to the company’s Studley Road site completing over the next three months. The acquisition broadens the group’s capacity to include more wire form and spring manufacturing expertise, additional presses, as well as embedding new robot and manual welding capabilities.

More information www.metalpressingsandstampings.co.uk