United Kingdom – Berkhamsted-based Bunting Magnetics Europe Ltd, part of the Bunting Magnetics Company, has acquired E-Magnets UK Ltd. According to Bunting Magnetics’ owner and CEO Robert J. Bunting, this is a vital step in the company’s strategic growth plan, aimed at bolstering its market leadership. ‘We are expanding our capabilities in today’s rapidly growing e-commerce environment,’ he says.
The CEO explains: ‘E-Magnets UK significantly expands Bunting’s market presence in the UK and abroad, while at the same time significantly increases our on-line business presence which, until today, was done through our e-commerce sites magnetuk.com and buymagnets.com.’ He notes that E-Magnets UK has ‘outstanding market recognition’ for its product range and is ‘well known within the European Union’.
E-Magnets UK Ltd specialises in the direct and wholesale supply of magnetic products on a global scale via its website e-magnetsuk.com. Alistair Richardson, the man who founded the company in 2005, will continue to oversee its every-day operations, according to Bunting Magnetics.
For more information, visit: www.buntingmagnetics.com
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