DAWSON SHANAHAN ACQUIRE FLOFORM

Dawson Shanahan Limited, the Potters Bar based copper coldforming experts, has announced its acquisition of FloForm, the Welshpool based supplier of coldformed components for the automotive and power semi conductor industries. ForForm went into administration in February, making eighty members of staff redundant.

Dawson Shanahan, which has had a long working history with FloForm, has purchased FloForm and all its assets and has taken the strategic decision to retain the Welshpool site and re-instate 12 employees immediately, with the hope that the figure will double within 18 months.

Les Reeves, Joining Managing Director of Dawson’s explains: “Although the initial thoughts were to move the existing plant & machinery to our Potters Bar headquarters, on meeting with the FloForm employees, it quickly became apparent that they possessed skills, expertise and enthusiasm that we could not expect to find elsewhere. In addition to this, those who have worked for FloForm have been with them for many years, have a real loyalty to the company and share our determination to make this new venture a success”.