IndustryNews
testing specialist, the Seaward Group. Seaward becomes part of the GMC
Metrawatt announces acquisition of Seaward Group M
etrawatt International GmbH has purchased the UK electrical safety
Instrumentation Division, a group of separate specialist T&M manufacturing businesses based in Germany, Switzerland and the USA and with a global international sales network. The Nuremburg-headquartered Metrawatt is a global leader in the development and manufacture of test products and systems used in the electrical, energy and related sectors. The County Durham-based Seaward Group manufactures electronic test and measurement instruments used in the appliance testing, bio medical, renewable energy, electronics manufacturing and utility markets. The directors of both businesses believe that
there is a very good synergy between the two companies in terms of product ranges, geographical spread and main markets served. The Seaward Group name and its brands will
remain intact and manufacturing will continue at the company’s UK site. Rod Taylor, founder of Seaward, said: “This is a
very positive development for both companies, bringing new opportunities in terms of
enhanced technical capabilities and stronger global market presence. “Seaward has been very successful as an independent T&M business, but developing a global presence is a significant challenge and being an important part of a larger multinational group brings the opportunity for the business to achieve this much more quickly and effectively.
Global growth “Our presence in the UK will remain as strong as it always has been. In fact, one of the attractions of linking up with GMC means that Seaward can make the most of the high global growth potential of its products without losing its brand identity or the core values that have contributed to the company’s success.” Dr Hans-Peter Opitz, chairman of Metrawatt
International, said: “We are delighted to have added Seaward to our portfolio of instrumentation companies. “There are parts of the world and specific
markets where Seaward products are already strong that have the potential for GMC growth, and, similarly, there are areas where GMC’s presence can now provide a platform for expansion of Seaward’s technology.
LtoR – Andrew Upton, managing director of Seaward, with Rod Taylor, company founder.
“The prospects for both Seaward and the
enlarged GMC Instrumentation Division are therefore very bright and we look forward to a successful future together.” As part of the new arrangements Rod Taylor,
founder of Seaward in 1982, has announced his retirement from the business. The new managing director of Seaward is Andrew Upton, who joined the company as sales director in 2006.
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