Wolverhampton Non-Stick Coating Firm Expands Under new Ownership

Wolverhampton non-stick coating specialist Cooper Coated Coil has announced that it is under new ownership. ARC Specialist Engineering bought the company when its parent group, Metalrax plc, went into administration. The new deal will enable Cooper Coated Coil to expand its business.

After more than 45 years of history, the company is looking forward to a bright future with ARC. Cooper Coated Coil's new parent group is backed by specialist private shareholders. They have committed funds to enable the business to grow, expanding into new premises and taking on new staff.

The acquisition took place with minimal disruption to the business and the company is trading as normal.

"This is a very exciting time for us. With a new group of enthusiastic shareholders, we're putting solid plans in place for the future. We've already taken on new premises to enable us to create dedicated office, production and storage space, and we'll be taking on new staff. Plus, we're planning on expanding the business into new territories," said Kevin Tranter, managing director of Cooper Coated Coil.

"However, our current customers can be assured that we're trading as normal. We're fulfilling and supplying all outstanding orders, and we're ready, willing and able to take on new ones. "It's more than 'business as usual' for us - it's a new phase of growth with new partners," he added.

Cooper Coated Coil was established in 1966. It designs, produces and distributes pre-coated metals to a range of customers worldwide in the bakeware, domestic appliance and home ware sectors. The company also supplies a range of industrial manufacturing customers.

The firm's non-stick technology is present in everyday items from bakeware to the sole plates on domestic steam irons. The acquisition has enabled Cooper Coated Coil to expand its scope into consumer goods, which will be released to the market this autumn.

For more information, please contact Jane Davies on 01902 867900.

ENDS

Notes for editors:

With more than 45 years' experience, Cooper Coated Coil is the leading specialist in non-stick coating technology. The company designs, produces and distributes pre-coated metals worldwide, coating an unrivalled variety of metal substrates.

Its unique coating technology is the result of a long history of innovation and can be seen in household names like Teflon. The company is based in the UK with sales agencies and distribution networks all over the world. Cooper Coated Coil is a member of the ARC Specialist Engineering Group.