Dewsbury’s Caldervale Technology acquires Fusion Equipment to boost global reach

Caldervale Technology, a Dewsbury-based manufacturer of systems and tools for welding plastic pipes, has acquired Fusion Equipment Ltd.

Caldervale bought the Chesterfield-based business in a deal that will help it expand into more international markets.

The acquisition is set to create a £6.75m turnover company, and will help boost plans for the business to grow by 30% in the next five years.

Fusion Equipment, part of the Fusion Group, manufactures a range of equipment that complements the Caldervale Technology product range and both will now be sold side-by-side to customers around the world.

Gordon Lilley, co-owner and managing director of Caldervale Technology, said: “The Fusion Group is a major name in our industry and it is something we have aspired to for years. This is a fantastic opportunity for us to add more to our existing product range and is a great platform for us to be able to grow both businesses.

“We pride ourselves on our innovation and expertise and Fusion Equipment only adds further to that. We will be maintaining Fusion Equipment’s existing global customer base and will be adding to that by offering Caldervale Technology’s range of products and brands alongside.”

Under the deal, all staff and equipment at Fusion will be retained at its current site but will be moved to a new adjacent building that offers more space for growth. Caldervale Technology’s current premises in Dewsbury will also be retained.

Founded in 1983, Caldervale Technology manufactures its products at three sites in the UK, exporting more than 55% of its goods. It delivers products for sectors ranging from the gas industry through to fish farms.

Gordon added: “This is a great deal for everyone involved and we jumped at the chance to get involved with a great business like the Fusion Group and build a stronger relationship.

“We plan to invest in Fusion Equipment and deliver even more to their customers by making use of our skills and innovation. In return, our product range will be available to even more people around the world.”

Kevin Raine, Fusion Group managing director, also commented: “Fusion Group will continue to supply its’ clients with the same range of equipment products, however we hope in the near future to benefit from the focus, expertise, skills and management that the Caldervale Technology team will bring to Fusion Equipment Limited.

“We look forward to building a long and close relationship with Caldervale Technology.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →