Shoal Group acquires Specialist Wiring Accessories (SWA)News
Posted by: electime 13th August 2021
Shoal Group has acquired SWA, a leading supplier of essential cable terminations, fastenings, fixings and tools for the electrical and construction industries, on 1st August 2021.
SWA was established in 1988 and is committed to providing top-quality products and services to its customers. It stocks over 8,000 product lines at its 50,000 square foot warehouse and currently employs 54 people.
Following the acquisition, SWA will continue to operate under the same brand, from the same location, and with the same unwavering commitment to its customers and colleagues.
Mark Taylor, Managing Director of Shoal Group, says: “SWA and Shoal Group are a great cultural fit with shared values, similar business models and complementary products and end-markets. This acquisition is in line with our growth strategy and will expand our UK footprint with the addition of a trusted brand, innovative and own-brand products with a strong presence in the UK & Ireland Electrical Wholesale market.”
Brian Hands, Garry Ray – SWA Director’s says: “We firmly believe the strategic fit with Shoal Group will greatly benefit our business, colleagues, customers and suppliers. We are excited to enter this next phase of SWA growth as part of Shoal Group and look forward to putting our additional resources to work for our customers.”
Shoal Group is a group of companies operating in the UK and serving 53 countries around the globe. They deliver cable products and accessories reliably and efficiently to their customers in a timely and effective manner, all while supporting and building strong futures for their customers and partners.
Shoal Group offers customers access to over 28,000 cable management, identification and termination solutions and over 4,500 flexible and specialist cables products. The Group is comprised of four leading offers – Cablecraft, FS Cables, Shoal Export and Birch Valley.
Shoal Group is owned by Diploma PLC (FTSE 250), an international group supplying specialised products and services to a wide range of end segments in its three Sectors of Life Sciences, Seals and Controls.
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