Texas based S.F.E. Group (Specialized Fabrication Equipment) has acquired US based Sumner material lifts and welding tools/hoists, from Southwire.
The Sumner product line will significantly expand S.F.E’s range of specialist fabrication tools and equipment. No details of the transaction have been released.
S.F.E founder and group president Aidan Tagliaferro said: "S.F.E. group was formed with a vision to strategically bring together businesses and brands offering specialist equipment to the fabrication, machining and welding industry. Acquiring the Sumner Brand, which I have long admired, strengthens our commitment to our combined customers and partners by offering an unrivalled range of complementary fabrication and industrial tool products along with an enhanced global network of local support and service centres. This transaction significantly advances our goal to differentiate ourselves through operational excellence and continue growing our tools and equipment business for years to come.”
Sumner products
S.F.E chief executive Vinay Varma added: “We are thrilled to welcome the Sumner team into our family, a strategic step that accelerates our growth and strengthens our dedication to delivering top tier solutions to our global customers and partners. We look forward to an exciting future of customer service and growth."
Sumner was founded in the mid to late 1960s by Joe Sumner and then taken over by company manager Rob Collins. It was acquired by Southwire in 2017. Since then, the company has not fared particular well, especially overseas.
S.F.E was set up in 2019 with the merger of three pipe fabrication tooling and machinery companies: B&B Pipe and Industrial Tools and Mathey Dearman in the USA along with TAG Pipe Equipment Specialists in the UK. The company subsequently acquired Axxair in France in 2022,followed by US based Magnatech and Climax in 2023.
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