Walter GB And Titex-Prototyp Announce Merger

Kent UK - Walter GB and Titex-Prototyp UK have announced a ‘merger for growth' and the establishment of a new benchmark in tooling supply with the combination of the three highly successful Walter-Titex-Prototyp tooling brands into a single sales organization based at the new UK headquarters in Bromsgrove, as the UK part of the global merger program.

The new UK operation is headed up by Gerry O'Hagan, managing director of Walter GB, who says: "It really is a case that the ‘whole is greater than the sum of the parts', with Walter-Titex-Prototyp being able to offer customers an unrivalled single-source of market-leading tooling, including indexable cutting tools for turning, milling, drilling, boring and reaming, solid carbide and high-speed steel drills, taps and end mills.

"Together," he says, "the Walter-Titex-Prototyp organization is underpinned by a fantastic level of broad-based expertise from each of the respective workforces and will therefore be able to provide complete solutions to all major industries and business segments, in particular automotive, aerospace, power generation, general engineering and tool and mouldmaking."

The Walter and Titex-Prototyp teams have relocated to the new premises in Bromsgrove. Dave Palmer the current general manager of Titex-Prototyp UK, will assume the position of national distribution manager within the new sales structure.

"Furthermore, our reinforced market presence will provide us with the capability to take more in-depth care of our customers and their concerns," says Gerry O'Hagan.

All orders will be received and processed at Bromsgrove, and an international logistics network will enhance the existing high service levels. The merger of the three companies is scheduled to be complete worldwide by the end of 2007.

SOURCE: Walter GB Limited