Polar Technology Management Group acquires the assets of Concept Tooling Ltd

Polar Technology have shared the following press release.

On 14 March 2023, Polar Technology acquired the assets of Concept Tooling Ltd, this will support existing customers from both businesses further accelerating growth and diversifying the organisation.

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”.

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”.

Polar Technology will continue all operations from the same location in Bicester, retain key staff and offer the customers the same high level of service and support. 

Read more here.