StoneAge Acquires Waterblasting Products Reseller AquaPower.
M2 EQUITYBITES-March 8, 2017-StoneAge Acquires Waterblasting Products Reseller AquaPower
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8 March 2017 - US-based waterblast tooling and equipment manufacturer StoneAge, Inc. has acquired UK-based waterblasting tooling and accessories reseller AquaPower Ltd., the company said.
AquaPower is headquartered in the industrial midlands of the United Kingdom.
The new StoneAge Europe facility will be run by managing director, Steve Ellis, who brings nearly 30 years' experience in the waterblast industry, having played a part in the growth of several companies including Flowplant (formerly Harben), WOMA, and Asia Waterjet Equipment in Dubai.
Long-time general manager of AquaPower, Karen Birt, will move into the role of acting operations manager and continue to oversee day-to-day operations, managing the experienced AquaPower team of order fulfillment and customer service specialists, Karen Evans, James Stallard, and Andy Stevenson.
Bob Birt, founder of AquaPower, will stay on as a technical consultant and support the StoneAge Europe team and UK customers through this transition.
StoneAge is a manufacturer of high pressure waterblast tools and automated equipment for industrial companies and contractors worldwide.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Mar 8, 2017|
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