Bunting Magnetics Europe acquires E-Magnets UK

Bunting Magnetics Europe, a manufacturing and sales operation center based in Berkhamsted, UK, for Bunting Magnetics Company, has announced the acquisition of E-Magnets UK, located in Sheffield, UK.

E-Magnets UK specializes in direct and wholesale supply of magnetic products throughout the UK and the world through its website e-magnetsuk.com.  The company was founded in 2005 by Alistair Richardson, whom will continue to oversee the company’s everyday operations.

‘We are expanding our capabilities in today’s rapidly growing e-commerce environment,’ said Robert J. Bunting, Bunting Magnetics owner and chief executive officer. ‘E-Magnets UK significantly expands Bunting’s market presence in the UK and abroad, while at the same time significantly increases our online business presence which, until today, was done through our e-commerce sites magnetuk.com and buymagnets.com. E-Magnets UK has outstanding market recognition for their product assortment and is well known within the European Union.’

Click here for more stories about Bunting Magnetics on L&L.com.