Omega Foundry Machinery Ltd has acquired the business assets of FTL Foundry Equipment (www.ftlfoundryequipment.co.uk).
FTL was formed in 1964 and originally specialised in large scale foundry projects, including automated moulding lines, long campaign cupolas, chemically bonded sand equipment and latterly large (non-foundry) recycling projects.
The intention is to incorporate the spares and service for existing FTL customers into Omega, thereby benefitting Omega’s revenue stream and increasing exposure both in the UK and certain overseas territories where FTL was active.
Some key employees from FTL will be retained to help with the transition period. All parts and service will continue to be supplied.
Omega chairman, Mark Fenyes said: “This is another milestone for Omega and it will help us achieve our goal of being the ‘preferred supplier’ to the industry”.
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