Woking-based manufacturer Vision Engineering has acquired precision engineering firm Milturn Precision Engineering for an undisclosed fee.
Vision, who specialise in optical and digital instrumentation equipment, were advised on the deal by regional accountancy and business advisory firm Azets UK.
Mark Curtis, Vision Engineering CEO, said: “The strategic acquisition of Milturn Precision Engineering strengthens Vision Engineering’s global manufacturing capability and improves our ability to deliver high quality precision manufactured parts, assemblies and finished products to our combined existing and new customers.“
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Founded in 1958 and wholly British owned, Vision Engineering’s Global HQ, design and manufacturing facilities are based in Woking, Surrey, with extensive manufacturing facilities across the rest of the UK and the US.
They manufacture patented ergonomic stereo optical and digital instruments used for inspection, manipulation, measurement and analysis of manufactured parts manufacturers across the world.
Milturn is a privately owned sub contract machine shop, founded in 2001, who specialise in turned and milled components. They serve a range of industries including film, seagoing marine, automotive, and high end shop and hotel fitting.
Ian Mustard, Milturn Owner and Director, said: “Milturn has worked with Vision Engineering for years and I know their commitment to highly skilled operators, whether machinists or anodisers, producing quality components.
“We have built up a demanding, high end customer base in specialised sectors. I am confident that Vision Engineering will implement strategy and investment to take Milturn Engineering and Bowfran, our anodising division, forward and continue the success built on the capabilities of our staff.”
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Featured Image: Mark Curtis (L), CEO of Vision Engineering, and Ian Mustard (R) Owner and Director of Milturn Precision Engineering. Credit: Vision Engineering.
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