Benchmark International Advises on the Sale of Stevenson Grantech Limited to Trend Technologies
Benchmark International has advised on the successful sale of Stevenson Grantech Limited to Trend Technologies.
Based in Scotland, Stevenson Grantech is a precision sheet metal manufacturer offering a range of engineering and technically complex production services.
On completion of the deal, Norie Rodger, Managing Director of Stevenson Grantech, said, “This is an exciting time for both companies and we look forward to complementing the current capabilities of Trend Technologies with an extensive range of product development and metal fabrication services.”
Trend Technologies LLC is a vertically integrated mechanical solutions provider focusing on the areas of metal stamping, metal fabrication and injection moulding. With ten manufacturing locations in nine countries, this transaction provides Trend Technologies’ customers with expanded product development and metal fabrication manufacturing capabilities in Europe.
President of Trend Technologies, Brian Dickstein said, “Stevenson Grantech’s experience complements the engineering and manufacturing expertise of Trend Technologies, advances our global expansion and broadens our value proposition as a leading provider to European companies.
Stevenson Grantech brings highly skilled engineers, technicians, and operators to meet the growing needs of our medical, industrial and enterprise customers.”
The Stevenson Grantech executive team will continue to run the Glenrothes facility.
Benchmark International is delighted to have facilitated this deal and we would like to extend our best wishes to all parties for the future.