Langley Alloys Holdings of Newcastle under Lyme, a specialist Stainless Steel and Nickel Alloy bar supplier and long-time customer of Copeland and Craddock, is pleased to announce its purchase of the business from the Copeland family.
Copeland and Craddock are the UK’s premier sub-contract centreless peeling facility with 12 peeling machines covering a sizes range of 12 mm to 225 mm. The company developed and patented its own specialist machinery, advancing the bar peeling technology of the day, and the business still utilises this technology in its core activities to provide an excellent centreless bar turning, straightening and cutting service to its customers.
Langley Alloys Holdings CEO Chris Halliday said: “The Copeland and Craddock acquisition reflects the strategy we have been pursuing over the past five years to strengthen our value-added services in the business; with the addition of Copland and Craddock it will bring our annual revenue to £45m.
“The acquisition will generate synergies within our core bar distribution businesses and provide an opportunity to invest and grow our footprint in new markets.”