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01.10.2012 Bunting Magnetics Europe acquires E-Magnets UK

Bunting Magnetics Europe Ltd, the Berkhamsted, UK, subsidiary of Bunting Magnetics Company, Newton, KS, has taken over Sheffield-based E-Magnets UK Ltd. E-Magnets specialises in direct and wholesale supply of magnetic products in the UK and internationally through its website www.e-magnetsuk.com.  The company was founded in 2005 by Alistair Richardson, who will continue to oversee the company’s day-to-day operations. 


This acquisition by Bunting Magnetics Europe bolsters its market position and puts the company on course with its strategic growth plan. “We are expanding our capabilities in today’s rapidly growing e-commerce environment,” said Robert J Bunting, Bunting Magnetics owner and CEO. “E-Magnets UK significantly expands Bunting’s market presence in the UK and abroad, while at the same time significantly increasing 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 its product assortment and is well known within the European Union.”

 

www.buntingmagnetics.com

 


Just a few of the magnets currently available from Bunting’s buymagnets.com
 

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