The UK manufacturing firm, McMenon Engineering Services, was chosen by Swiss technology company ABB for the acquisition of variable area (VA) flowmeters. This range of VA flowmeters produced by ABB in Germany will now be manufactured by McMenon in England.
Shiby Bernard, ABB’s COO said: “This acquisition will create stability, growth and more opportunities for our workforce and new jobs.
“McMenon is helping to secure its future as we emerge from the after-effects of the pandemic and Brexit.”
The overall deal is set to create new jobs, increasing McMenon’s global workforce by almost a third.
With this acquisition, McMenon will now be placed among the top global manufacturers of VA flowmeters. ABB customers will see no difference and can expect the same product quality they are used to.
“This win for McMenon is also a win for UK manufacturing. Not often do we see manufacturing operations being transferred into the UK, especially from countries like Germany,” said the CEO of McMenon, Anand Puthran.