Baker & Finnemore Ltd Press Release

Baker & Finnemore Ltd Press Release

 

The Directors of Gebruder Titgemeyer Beteiligungsgesellshaft (Titgemeyer) are delighted to announce that they have completed the purchase of Baker and Finnemore (Bakfin™).

Titgemeyer is a family owned group of companies based in Osnabruck in Germany. This purchase increases their commitment to UK manufacturing and is complementary to their existing company based in Tipton (Titgemeyer U.K).

Bakfin™, based in Newhall Street in Birmingham, are best known as the manufacturers of the Starlock® spring steel fastener and other specialised pressings. Like Titgemeyer they are over 110 years old and have been a supplier to Titgemeyer since the 1960’s.

Manfred Titgemeyer told the workforce at Bakfin™ that the Company would continue to trade as an independent Company within the Titgemeyer Group under the name of Baker and Finnemore, based here in Birmingham. The intention is to support and grow their new acquisition.  With the strength of the multi-national Titgemeyer Group behind it there will be every opportunity to expand export sales beyond the already impressive 50% of production.

David Harrison has taken over as Managing Director. He has many years’ experience of the Fastener Industry, having previously been Managing Director of Titgemeyer (UK) and of Lintite Systems within the Linread Group.

Further details about the companies can be found at www.titgemeyer.de and www.bakfin.com

DG Harrison

August 2012

Baker & Finnemore Ltd

199 Newhall St

Birmingham B3  1SN

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