Goonvean Fibres has acquired the business and assets of Core Engineering and is proud to add the services of the new business ‘Goonvean Core Engineering Ltd’ to its business portfolio.
As a result of this acquisition, Core Engineering become the newest member of the Goonvean Group. As a privately owned investment company, the Goonvean Group’s strategy is to identify and acquire UK businesses, and through the provision of additional resources, support these businesses to thrive and prosper.
Goonvean Core Engineering will operate as a subsidiary of Goonvean Fibres, the market leader for manufacturing precision cut fibre and flock, operating across the lead acid battery industry.
James Mullins, Managing Director of Goonvean Fibres Ltd commented that “Through acquiring Core, the Group recognise the engineering potential in the battery market for increasing efficiency to the customers’ supply chain with a scalable solution.”
Will Cross will stay with Goonvean Core Engineering as Commercial Director and remarked that: “This is an exciting new chapter for Core Engineering and our customers. Goonvean Core Engineering ensures that the lead battery industry continues to benefit from increased choice and quality engineering in the manufacture of COS moulds, tooling and spare parts”.