The Tritech Group was recently acquired by Uni Deritend
Limited (UDL), which is part of the Neterwala Group. The distinctive result of
this acquisition is a two-way partnership that will focus on The Tritech Group
expanding its superior manufacturing solutions into new markets backed by an
extensive global support network.
The Tritech Group has continued to see steady growth over
recent years, despite the general economic conditions that have seen a decline
in many parallel industries. This is because the company is able to offer its
clients an unrivalled service supplying high quality, complex investment
castings in a range of materials; supported by an exceptional machining
capability in order to be able to offer finished machined castings — all from a
single source. Delivering on time, every time, Tritech has established a
reputation within the Aerospace, Defence and related industries that is second
to none. This is set to continue, with further growth now predicted at a faster
rate — with absolutely no compromise on the service or quality that sets
Tritech apart from its competitors.
The definitive alliance between Tritech and UDL is the
result of great synergy between the two organizations, an asset that will be
used to great effect over the next 12 months and beyond. UDL is a
long-established investment-casting group that was set up in India in
collaboration with the Deritend Company, a UK enterprise in 1977. Today, UDL
manufactures a wide range of quality castings in ferrous alloys for the
automotive and related industries. With a large emerging aerospace market in
India, this new partnership will allow Tritech to take full advantage of this
fact, while simultaneously meeting current customer requirements by
incorporating a low-cost source into its existing portfolio with significant
growth potential also in the UK.
The opportunities that this acquisition affords immediately
and over the coming years are substantial, both to Tritech’s customers and to
the group itself. The management structure at Tritech, which remains unchanged,
is looking forward to maximizing these opportunities at every level.
Ian Walker, Managing Director of the Tritech Group, commented: “This is an extremely exciting and challenging phase for Tritech. The Group’s acquisition by UDL is a very positive move for both clients and personnel alike as we continue to improve and grow every aspect of the business. It is a compelling message and one that I am delighted to be able to share with new and existing clients who continue to reap the benefits that Tritech offers.