Helix Tool Company has acquired Floyd Automatic Tooling and Nsert to consolidate and enhance its position in the UK industrial tooling market.

Information on the Target

Helix Tool Company, based in Leeds, has recently completed the acquisition of two companies: Floyd Automatic Tooling and Nsert. These strategic acquisitions are part of Helix's initiative to consolidate its position in the industrial tooling distribution market. The financial specifics of these transactions remain undisclosed, but they align with Helix’s broader strategy of organic growth and mergers and acquisitions.

Floyd Automatic Tooling, located in Hertfordshire, specializes in the distribution of tools and consumables specifically for the sliding head CNC market. With substantial technical expertise and exclusive manufacturing partnerships, Floyd Automatic is well-positioned within its niche. Meanwhile, Nsert serves the North East of England, offering cutting tools and industrial consumables to several large clients. Nsert has established itself with a solid reputation for exceptional customer service and adaptability.

Industry Overview in the UK

The industrial tooling sector in the UK is robust and has shown resilience in various economic climates. This industry encompasses the production and distribution of tools used in manufacturing processes across sectors su