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In March 07 Cooper and Turner announced a merger
with Glasgow
based distributor of industrial fasteners, McLean Buchanan & Wilson
(MBW).
The merger will provide
Cooper and Turner with an enlarged sales distribution network, whilst
strengthening MBW's existing position within the highly competitive global
fasteners market.
Combined turnover of the two companies is expected to grow to over £40
million over the next few years following the deal.
Tony Brown, managing director of Cooper and Turner said
'We've worked with MBW for over 25 years and during this time we've
formed a very close relationship. Merging the two businesses makes a great
deal of sense for both organisations and the synergies are significant. We
can unlock far greater potential via the utilisation of MBW's established
sales channels across Europe and the rest
of the world."
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