AJE acquire Fort William based NEWCo
http://thehighlandtimes.com/news/2015/10/06/forres-firm-in-fort-william-takeover/
A J Engineering and Construction Services Limited is celebrating after buying out Fort William-based Northern Engineering & Welding Co (NEWCo).
Alan James, managing director of AJ Engineering said he was delighted with the acquisition: “This was an important move for us as a company and I know that my existing firm and NEWCo will complement each other very well.
“Structure wise nothing is going to change. The NEWCo name will stay, the staff will remain as they are and apart from one of our Forres team going to Fort William to run things down there alongside NEWCo’s Production Manager, it’s business as usual.”
Alan James has bought NEWCo which has 13 staff members from husband and wife team, Ron and Denise MacLennan who have been leading the company since 2000.
Alan said: “Ron and Denise have been very active in the company and to smooth the transition they are still going to be on hand to help. They have a great business and with AJ Engineering behind it, we will be able to develop it further.”
He added: “NEWCo have a great client base, in fact we share some of the same clients. However some of their customers need more engineering support which until now they have been unable to offer. We have bigger facilities in Forres to help with the manufacturing. I have no doubt that this new set up will work well, we have the same ethos and philosophy. The acquisition can only work well for both locations and of course the clients.”
The production facility in Fort William encompasses welding, rolling, shearing, punching, bending, plasma profiling facilities and machining. They are suppliers to a wide range of engineering based industries in both the large scale industrial sector and private sector
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