John King Chains acquires Precision Chains

Print this page

UK: John King Chains has agreed to acquire Precision Chains for an undisclosed price. The group said that Precision Chains’ heavy series chains production capabilities made it an attractive acquisition. It said that there is ‘untapped potential’ for heavy series chains production for the cement industry in the companies’ collaboration.

Managing director David Wadsworth said “The acquisition of Precision Chains represents a tremendous opportunity for John King Chains to further enhance its reputation as a leading manufacturer of conveyor chains and sprockets worldwide. We are committed to UK manufacturing and consider the potential for Precision Chains to flourish under the John King Chains umbrella is substantial.” He added that the company will retain the Precision Chains brand name for the ‘foreseeable’ future.

Last modified on 14 July 2021

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

URL: https://www.globalcement.com/news/item/12688-john-king-chains-acquires-precision-chains

© 2022 Pro Global Media Ltd. All rights reserved.