Optimas Solutions Acquires Barton Cold Form
GLOUCESTER, UK – Optimas OE Solutions announced today the acquisition of the UK-based Barton Cold-Form Ltd., manufacturing operation. The acquisition supports Optimas’ long-term plan for strategic growth, including a significant expansion of its in-house manufacturing capabilities. The transaction allows Optimas to increase its capacity and strengthen its European presence, supporting an existing manufacturing and engineering facility located in Wood Dale, Illinois, United States.
Adding additional manufacturing capabilities to Optimas’ already robust supply chain expertise, honed over the last 20 years, makes them a more valuable partner.
“Expanding our capabilities through the acquisition of Barton is a major step forward towards strengthening our supply chain assurance and engineering capabilities to be a full-service provider for all of our customers in Europe,” said Dan Jack, Senior Vice President – Europe at Optimas.
Barton Cold-Form will operate as a business unit within Optimas OE Solutions, retaining its current name. The eighty-year-old company will retain its headquarters in Worcestershire, UK and continue to be led by its current management team, with Ian Clarke assuming the role of Chief Executive Officer.
This is a thrilling moment for us, one that we firmly believe will lead to positive benefits for our suppliers and customers alike” said Andrew Nuttall, Operating Director of Barton Cold-Form. “Our partnership with Optimas solidifies the long-term stability of our business, accelerating our ability to act on growth opportunities within the industry, consistently delivering innovative product solutions and guaranteeing reliable operational performance.”
The Optimas and Barton leadership teams offer their partners over 30 years of hands-on expertise in the OEM industry. The entire Optimas OE Solutions team is excited about what this new partnership holds and the innovative solutions they will now be able to bring to their customers across the globe.
ABOUT OPTIMAS OE SOLUTIONS
Optimas is a full-service solution provider specializing in the distribution and manufacturing of highly engineered fasteners and c-class components. Optimas serves customers in the heavy truck, power train, luxury automotive, agriculture, construction, recreational vehicle, power generation and medical industries. Optimas’ long-term business partnerships in over 15 countries average over 17 years for each of its top 10 customers. Headquartered in Glenview, Illinois, Optimas has nearly 2,000 employees; 60+ branches; and 9 ISO-certified quality laboratories across the Americas, Europe, the UK and Asia. The business reported revenues of $938.5 million and operating income of $39.1 million during 2014. https://www.optimas.com
About Barton Cold-Form (UK) Ltd.
Barton Cold-Form Ltd., has served customers throughout European and international markets for over 80 years. As a manufacturer and distributor of highly engineered fasteners for the automotive and industrial industries, they deliver more than 20 million components annually to customers in over 21 countries.