SIFCO ASC acquired by Norman Hay plc
SIFCO ASC is pleased to announce that the company has been acquired by The Norman Hay Group. The acquisition of SIFCO ASC from SIFCO Industries of Cleveland, Ohio includes SIFCO ASC LLC (USA), SIFCO ASC UK, SIFCO ASC France and SIFCO ASC Sweden.
SIFCO ASC is the world’s largest and most respected manufacturer and supplier of process equipment and associated chemicals for selective electroplating and anodizing. It also has its own subcontract process operations across the USA and Europe.
The SIFCO ASC Group has approximately 80 employees based in four locations in the USA (Ohio, Texas, Connecticut and Virginia) and four in Europe (UK, Sweden and two locations in France). They also have a number of licensed job shops, agents and distributors worldwide.
With over 50 years in the industry, the SIFCO ASC Group remains the world leader in selective plating with unmatched R&D capabilities. It is the trusted supplier to many of the world’s leading Aerospace, Oil & Gas and Power Generation businesses where it helps to improve component performance and reduce manufacturing costs.
Vic Bellanti, Chief Executive of Norman Hay plc, commented:
“This is an excellent acquisition for us and fits into our strategic plan to expand the Norman Hay Group internationally into areas that have a clear synergy with our existing businesses. The SIFCO-ASC business will benefit greatly from our Surface Technology contacts and locations both in the UK and overseas and we are excited about opportunities that we have already identified for its future growth”
Peter Hay, Chairman of Norman Hay plc, concluded by saying:
“I am delighted to welcome all the staff, agents and distributors of SIFCO-ASC into the Norman Hay Group. We will work hard with our new colleagues to develop further the outstanding brand and reputation that SIFCO-ASC has built up over the years into new Countries and locations where our Group is already located”.
Rick Wilson, Co-General Manager and Director of Sales and Marketing for the ASC Group, added:
“This is a very exciting time for SIFCO ASC. By joining the Norman Hay Group we see great opportunities to better serve our existing customers, while at the same time expanding our product offering and worldwide coverage to meet the industries ever changing needs. This move insures SIFCO ASC will continue being the global leader in the selective plating industry for many years to come.”
About Norman Hay plc
The Norman Hay plc group is a global chemicals, sealant, surface coatings and engineering specialist with over 60 years of trading history. It operates globally and is headquartered in Coventry, UK. The Group has three main subsidiaries: “Ultraseal” – impregnation sealants; “Surface Technology” – providing surface coatings under the Armourcote brand and “NHE” – producing bespoke process plant & equipment.