PressCenter.com  - Free Press Release Distribution Platform
No Result
View All Result
Monday, January 30, 2023
  • Login
  • Register
  • Home
  • Categories
    • Art & Culture
    • Business & Entrepreneurship
    • Economy & Finances
    • Education & Parenting
    • Energy & Environment
    • Government & Politics
    • Health & Beauty
    • Internet & IT
    • Lifestyle & Fashion
    • Media & Social Networks
    • Society & Welfare
    • Sport & Leisure
    • Technology & Science
    • Traffic & Safety
    • Work & Career
  • Countries
    • Belgium
    • Europe
    • France
    • Germany
    • International
    • Luxembourg
    • Netherlands
    • Others
    • Russia
    • UK
  • Service Portal
    • Press Release Distribution
    • My Press Releases
    • Add Press Release – FREE
    • Service Packs
ADD PRESS RELEASE
PressCenter.com  - Free Press Release Distribution Platform
  • Home
  • Categories
    • Art & Culture
    • Business & Entrepreneurship
    • Economy & Finances
    • Education & Parenting
    • Energy & Environment
    • Government & Politics
    • Health & Beauty
    • Internet & IT
    • Lifestyle & Fashion
    • Media & Social Networks
    • Society & Welfare
    • Sport & Leisure
    • Technology & Science
    • Traffic & Safety
    • Work & Career
  • Countries
    • Belgium
    • Europe
    • France
    • Germany
    • International
    • Luxembourg
    • Netherlands
    • Others
    • Russia
    • UK
  • Service Portal
    • Press Release Distribution
    • My Press Releases
    • Add Press Release – FREE
    • Service Packs
No Result
View All Result
PressCenter.com  - Free Press Release Distribution Platform
No Result
View All Result
Home Sources Business & Entrepreneurs

ThyssenKrupp Aerospace acquires the business activities of The Waterjet Group in the UK

by PressCenter.com
August 2, 2013
in Business & Entrepreneurs, Business & Entrepreneurship, Categories, Countries, Others, Sources, UK
0
1.2k
SHARES
2k
VIEWS
Share on FacebookShare on TwitterLinkedIn
ADVERTISEMENT

The Waterjet Group (around 40 employees) was established in 2002 and is a leading UK waterjet cutting company for the aerospace industry. The company has several waterjets and related value add equipment, a large number of aerospace approvals and to a smaller extent also serves other high-tech industries, including the medical technology sector. The Waterjet Group operates out of a site near Leeds. With its equipment the company is able to process a wide range of materials and sizes for the European and international customer base.

ThyssenKrupp Aerospace has been working with The Waterjet Group for many years and will be integrating its employees, equipment and technical expertise into the ThyssenKrupp Aerospace global network.

“The acquisition of The Waterjet Group has strategic advantages for us,” explains Jürgen Funke, President of ThyssenKrupp Aerospace. “We have been successfully operating waterjet cutting facilities in the USA, Canada, Australia and Finland, the UK is a logical extension of these services. This integration will significantly strengthen our offering to our global customer base, especially to customers in the UK.”

As the acquisition will considerably ease the logistics of waterjet cutting services, customers in other European markets will also benefit from a faster, more cost-efficient service. John Ferguson, Managing Director of ThyssenKrupp Aerospace UK states: “We expect the combination of The Waterjet Group’s and ThyssenKrupp Aerospace’s expertise to deliver further productivity improvements and growth opportunities. The special focus on improving near net shape cutting, thus improving the metal-utilization, will continue to be part of our strategic goal.”

Steve Smith, Managing Director of The Waterjet Group, states: “This is a very positive and exciting move for the company and its employees. We foresee many new opportunities working with ThyssenKrupp Aerospace and look forward to continue to service our existing customers with an increased level of commitment and service that comes with a larger organization.”

ADVERTISEMENT
Tags: business activitiesEuropean marketspurchase priceThyssenKrupp AerospaceUKvalue add equipmentWaterjet Group
ADVERTISEMENT
ADVERTISEMENT
Perenio presents a line of new smart products at ISE 2023 in Barcelona
Business & Entrepreneurship

Perenio presents a line of new smart products at ISE 2023 in Barcelona

by Press Center Editor
January 27, 2023
0

Perenio, an integral part of the ASBIS Group, takes part in ISE 2023, the world’s leading AV and systems integration...

Read more
Air Ambulance Market will Predicted to Grow at a 5% CAGR

Air Ambulance Market will Predicted to Grow at a 5% CAGR

January 27, 2023
Thailand ready to place youth basketball on the international map

Thailand ready to place youth basketball on the international map

January 28, 2023
Upscene releases database developer tool – Database Workbench 6.1.4

Upscene releases database developer tool – Database Workbench 6.1.4

January 26, 2023
KickRummy Launches To Acquire The Growing Billion Dollar Rummy Market

KickRummy Launches To Acquire The Growing Billion Dollar Rummy Market

January 24, 2023
PressCenter.com  – Free Press Release Distribution Platform

PressCenter.com is state-of-the-art Press Release Distribution Platform. PressCenter.com send and track your Press Release using our industry-leading global Media Contacts Database of a million contacts. Your Press Release will reach business news editors and journalists, in targeted sectors and territories or worldwide.

ArabicChinese (Simplified)DutchEnglishFrenchGermanItalianPortugueseRussianSpanish

Policies

  • Terms & Conditions
  • Copyrights
  • Cookies
  • Disclaimer
  • Privacy Policy

Services

  • Home
  • Press Release Distribution
  • Add Press Release – FREE
  • Guidelines
  • Advertisement
  • About Us
  • Contact Our Team

Press Releases by E-Mail

To stay on top of the ever-changing world of business, subscribe now to our newsletters.

*We hate spam as you do.

Categories

© 1998-2023 PressCenter.com - Latest Business News and Press Releases

No Result
View All Result
  • Home
  • Press Release Distribution
  • Add Press Release – FREE
  • Advertisement
  • Contact Our Team
  • Guidelines
  • About Us

© 1998-2023 PressCenter.com - Latest Business News and Press Releases

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In