Eynesham’s Polar Technology acquires Concept Tooling assets

Published by

Sam Pither

Eynsham-based engineering firm Polar Technology Management Group has acquired the assets of Bicester’s Concept Tooling Ltd.

The firm expects this move will support customers of both businesses, supporting growth and diversifying its operations.

Scott Roberts, Co-Founder at Polar Technology said, “The acquisition of the assets of Concept Tooling significantly strengthens Polar Technology’s composite machining capability and capacity. We are delighted to welcome on board the team at Bicester who bring complementary skills to our operation and we look forward to accelerating our plans for future growth”.

Polar Technology will continue all operations from the same location in Bicester and retain key staff.

Martin Dorney, Director at Concept Tooling added, ”This is great news for the team here at Concept Tooling as we can draw upon the skills and experience from the team at Polar by working together to meet both our customer’s requirements whilst maintaining the high level of service in place”.

Sam Pither

Sam is the Regional Editor of Biz News, responsible for both Hampshire and Dorset. A new recruit to journalism, Sam started writing for the Business Magazine as a freelancer in May of 2022 after completing his degree in English at University College London. His passion for local businesses and ability to tell a story soon caught the attention of the publication’s management team and have led to his meteoric rise. Sam, who lives in central Reading, takes a particular interest in technology, gaming and food and drink, having been a chef before starting his degree.