Shape buys the assets of Fine Cut Advanced Engineering

Shape Machining Ltd has purchased the assets and goodwill of Fine Cut Advanced Engineering.Managing Director of Shape, Peter McCool, said “We are really pleased to have taken over the assets, goodwill and employees of Fine Cut Advanced Engineering. They have a strong customer base, extensive aluminium mould machining experience and excellent facilities.We continue to grow strongly across all market sectors and this additional resource will allow us to offer our customers even more capacity.”The major assets are 2 large CMS Ares 5-axis machining centres, a Dugard Eagle 3-axis CNC milling machine, Faro Edge laser inspection equipment and the staff.Shape will continue to operate these assets from their current location in Lancing, Sussex until the additional factory space in Witney comes online in the second quarter of 2018.McCool added “I am particularly pleased that Shape can now offer a greater range of machined tooling and meet the extra demand for large aluminium tool machining”.www.shape-group.comPeter Tyler, Managing Director of Fine Cut said “This was a great fit for both parties, and I have confidence that all of our Mould and Engineering customers are in good hands. Fine Cut Group have recently made several acquisitions based around their core business of Industrial Graphics where they continue to be one of the UK’s leading supplier of Industrial Graphics.Peter added… “We wanted to improve our focus on Laser Cutting and Marking, Labels & Nameplates, and Digital Print, enabling us to explore more opportunities in this area of our business. www.finecut.co.ukSHAPE Machining specialises in machining metallic tools, epoxy tooling block patterns, Rohacell foams and the trimming of carbon fibre parts for the automotive, motorsport and aerospace industry.SHAPE Engineering offers a full range of design, analysis and project management services to support composite industry.SHAPE Composites supplies thermoset and thermoplastic composite preforms and parts ranging from bespoke autoclave cured carbon parts to larger volumes of hot pressed formed carbon parts.(image of one of the new 5-axis CMS Ares machines)