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July 01, 2008 (UK)Apex Textiles has acquired Chorley based WM Lawrence & Sons. The manufacturer is the fourth textiles business to be acquired into the Apex group of companies, following the 2007 purchases of Carlisle based Stead McAlpin, Haslingden’s JH Birtwistle, and the 2008 purchase of Borders based Schofield Dyers & Finishers.
The acquisition will be made through its weaving subsidiary, JH Birtwistle and Company Limited. As a predominantly synthetic yarn processor specialising in twisting, warping and weaving, WM Lawrence brings an additional skill set to the Apex group.
Synergies between WM Lawrence and JH Birtwistle, a natural fibre weaver, were a key factor in the acquisition. Both companies use similar manufacturing capabilities and can dovetail their processes to widen their offerings to the market.
To maximise these complementary operating practices, WM Lawrence will be moving all its plant and machinery over time, from Chorley to JH Birtwistle’s premises in Haslingden.
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The acquisition will be made through its weaving subsidiary, JH Birtwistle and Company Limited. As a predominantly synthetic yarn processor specialising in twisting, warping and weaving, WM Lawrence brings an additional skill set to the Apex group.
Synergies between WM Lawrence and JH Birtwistle, a natural fibre weaver, were a key factor in the acquisition. Both companies use similar manufacturing capabilities and can dovetail their processes to widen their offerings to the market.
To maximise these complementary operating practices, WM Lawrence will be moving all its plant and machinery over time, from Chorley to JH Birtwistle’s premises in Haslingden.
Read Full News Click Here
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