Bunting Magnetics acquires E-Magnets UK
Bunting Magnetics Europe Limited announced the acquisition of E-Magnets UK Limited, located in Sheffield, England.
E-Magnets specializes in direct and wholesale supply of magnetic products throughout the UK and globally through its website e-magnetsuk.com. The company was founded in 2005 by Alistair Richardson, who will continue to oversee everyday operations.
Bunting Magnetics Europe is the England-based manufacturing and sales operation center for Bunting Magnetics Company.
“We are expanding our capabilities in today’s rapidly growing e-commerce environment,” said Robert J. Bunting, Bunting Magnetics owner and chief executive officer. “E-Magnets UK significantly expands Bunting’s market presence in the UK and abroad, while at the same time significantly increases our online business presence which, until today, was done through our e-commerce sites magnetuk.com and buymagnets.com. E-Magnets UK has outstanding market recognition for their product assortment and is well known within the European Union.”
INDUSTRIAL SUPPLY MAGAZINE
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