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Specialist metals manufacturer Fablink Group has been acquired by Ensco 1, now operating as Wharfside Industrials, following a series of pre-pack deals arranged by joint administrators Chris Pole and Ryan Grant from Interpath Advisory. This acquisition secures over 500 jobs and unites the assets of Fablink Limited, Fablink Tank Systems Limited, Streamline Panels and Assemblies Limited, and other subsidiaries under the new ownership.
The Fablink Group, based in the UK, is a manufacturer of metal pressings, operator cab assemblies, fuel and hydraulic tanks, and vehicle assemblies. It operates across six sites in Wolverhampton, Evenwood, Luton, Durham, Brixworth, and Northampton. The company, with revenues of £110m, serves as a Tier 1 supplier to the automotive, transport, and off-highway sectors, including major global OEMs.
In a related development, EV Technology Group has announced the acquisition of Fablink Group Holdings in a deal valued at £38.8m. The transaction includes an initial cash payment of £29.5m for 76% of Fablink, with the deal expected to be completed later this year. Following the acquisition, Fablink’s CEO, Richard Westley, will transition to EV Technology as Chief Operating Officer.
The acquisition strengthens EV Technology’s access to Fablink’s in-house manufacturing expertise, especially in response to the growing demand for electric vehicle assembly through Streamline Automotive, a division launched by Fablink.
