Growing Tyneside engineering group NTG is expanding its capabilities and resources after a deal to acquire fellow North East firm ABS Precision.
Longbenton-based ABS, which supplies global customers in the hydraulic bolting markets, will join the NTG group of companies and continue to scale its operations as part of a larger business.
NTG said it would support ongoing investment in people, technology and business development functions that would help ABS grow its market presence in specialist industries including hydraulic bolting, electric vehicle and precision engineering.