A Midlands engineering company has completed the buyout of a firm which supplies material handling systems for industry.
Expert Group, based in Coventry and specialises in automation production systems, has acquired Tracoinsa Systems UK from Widnes, which deals in conveyor systems for the automotive sector. The acquisition becomes the fifth company in the group and will increase the Group’s revenues to more than £50 million for 2014. Tracoinsa directors will remain within the…
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