Endless has successfully completed the sale of bespoke automation business Sewtec Automation to USA-based Automated Industrial Robotics Inc (AIR).
In 2017, Endless facilitated the management buyout of Sewtec, with Mark Cook assuming the role of Managing Director. Subsequently, in 2020, the company relocated to a modern 75,000 square-foot facility in Wakefield and established a satellite office in Taunton to support its growth.
With a current workforce of over 170 employees, Sewtec now services a diverse range of industries, including pharmaceutical, medical devices, food and beverage, personal care, pet care, and e-commerce.
Andy Ross, investment partner at Endless, expressed his appreciation for the collaboration with Sewtec’s management team, noting the significant progress made since the acquisition. The transition to the new facility was deemed a crucial step in the company’s sustainable expansion.
As part of AIR’s portfolio, Sewtec, alongside Totally Automated Systems (TA Systems) and Modular Automation, significantly enhances the company’s workforce and operational footprint across the US, Ireland, and the UK.
Mark Cook, now Co-Managing Director of Sewtec and Chief Operating Officer of AIR, highlighted the partnership with AIR as a pivotal moment in Sewtec’s evolution, enabling the company to deliver innovative solutions to both existing and new customers.
The sale of Sewtec was overseen by Andy Ross and Stefan Nowakowski from Endless, with advisory support from Rothschilds and Squires. KPMG and EY provided financial and tax due diligence support, respectively.
