normanlogoInvestx has today announced the acquisition of Stroud-based Norman Precision in a deal handled by Birmingham law firm DWF. The purchase price was undisclosed. Norman Precision was founded in 1992 by Kevin Norman and since inception, the company has grown steadily to become one of the most respected precision engineering companies within the UK. Focusing mainly on aerospace and oil and gas markets, the business has built an enviable array of customers due to its first-class performance levels over the years consistently achieving >98% on time delivery and a virtually zero defect supply.

Leon Sloyan, Investment Director at Investx said
“We are delighted to have added Norman Precision to the Investx portfolio. The business has developed a first class operation, supplying its customers with the highest quality of service. This makes it an excellent addition to our engineering division.”

“This acquisition will strengthen Norman Precision’s position in the market place through further investment allowing the company to develop and grow rapidly to the benefit of all our customers, suppliers and employees. Investx is not your typical investment company as they have many years of experience in manufacturing and are keen to grow their portfolio of companies within the engineering sector. We are delighted to be part of this dynamic group of companies with very ambitious and exciting expansion plans.” – Kevin Norman, Managing Director of Norman Precision.

Norman Precision offers a wide range of services within its operations to provide Total Manufacturing Solutions including design, prototyping, assembly, distribution services and overall supply chain consolidation. They are an established supplier to many industries including Aerospace, Oil and Gas, Automotive, Medical and Defence plus many other equally demanding industries that require time dependant, high integrity, high precision engineered parts and assemblies..

Working alongside Mazak for many years, Norman Precision has invested in an impressive suite of machine tools including various Integrex, Variaxis, Quickturn and VTC machining centres. All of this investment has resulted in an operation that can deliver extremely fast, accurate and cost efficient solutions to customers on a consistent basis across a huge number of materials. The company is approved to ISO9001, 14001 with AS9100 next on the agenda followed by a fit for nuclear compliance program.

CONTACT: 01453 794090 or visit www.normanprecision.co.uk