Seaward will become part of the GMC Instrumentation Division, a group of separate specialist test and measurement equipment makers based in Germany, Switzerland and the USA.
Know for portable appliance testers (PAT), Seaward makes instruments used in appliance testing, bio medical, renewable energy, electronics manufacturing and utility markets.
“The directors of both businesses believe that there is a very good synergy between the two companies in terms of product ranges, geographical spread and main markets served,” said Seaward.
Under the terms of the deal, the Seaward name and its brands Seaward, Clare, Cropico, Rigel and Seaward Solar) will continue, as will manufacturing in County Durham.
“One of the attractions of linking up with GMC is that Seaward can make the most of the global growth potential of its products without losing its brand identity or core values,” said Seaward founder Rod Taylor (right in photo).
Export represents 50-60% of Seaward turnover, which supplies over 60 countries, recently breaking into Japan, China and South American.
“There are parts of the world and specific markets where Seaward products are already strong that have the potential for GMC growth, and, similarly, there are areas where GMC’s presence can now provide a platform for expansion of Seaward’s technology,” said Metrawatt chairman Dr Hans-Peter Opitz.
Metrawatt owns GMC-I-ProSys in Skelmersdale, which makes current probes and voltage instruments.
As part of the deal, Taylor, who started the company in 1982, will retire and Andrew upton (photo left) will move from v-p Seaward USA to MD Seaward Group.
Photo: Seaward MD Andrew Upton (left) and founder Rod Taylor.
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