HNH are pleased to announce that Singapore Aerospace Manufacturing Pte Ltd (SAM) has completed its acquisition of JW Kane Precision Limited (JW Kane).
As lead advisor to the seller, HNH Director Wayne Horwood believes SAM’s foreign investment in Northern Ireland is another positive boost for the region.
“We’re delighted that SAM are investing in Northern Ireland and the future of JW Kane,” Horwood said.
“One of the benefits of SAM’s investment is to allow JW Kane to continue their good charity work throughout Northern Ireland.”
JW Kane is a provider of supply chain solutions to the global Aerostructures industry.
Founded in 1984 by Mr James Walker Kane MBE and located in Northern Ireland, JW Kane utilise high speed machining technologies coupled with engineering know-how.
SAM is a company incorporated and domiciled in the Republic of Singapore, providing precision engineering and equipment integration serving the global aerospace and industrial equipment arena.
The SAM Group of Companies have established operations in Singapore, Malaysia, Thailand, China and Germany.
“We are very excited to become part of the SAM family,” said Damian McArdle, JW Kane MD.
“Throughout the acquisition process, we could feel the synergy, vibe and energy working between our teams and it was a beautiful representation of the desired ‘beyond expectations’ performance that customers can anticipate from the new organisation,” he said.
“Never are we more certain of our capability to support customer demand and execute on our strategic growth objectives as part of the larger SAM group.”
“JW Kane is a terrific fit for SAM’s aggressive global growth strategy,” said Jeffrey Goh, SAM CEO and President.
With our plan to grow the capabilities and capacities in JW Kane, we will be able to offer more value added solutions to our customers in United Kingdom, Europe and the rest of the world.”
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