CED Fabrications has merged with Tournus Equipement, part of the French group, Tournus Expansion.

The fabricator was founded in 1991, and employs around 150 people from its Accrington headquarters and manufacturing facilities in Liverpool and Sandwich.

Story continues below
Advertisement

Tournus Equipement, a management controlled company, is a French market leader of stainless steel professional equipment for the catering industry.

Story continues below

CED’s MD, Howard Rishton, commented: “The merger between CED and Tournus provides an excellent opportunity to further the growth of the business both within the UK and internationally.

“The existing management teams are looking forward to working together to enhance the range of products available to our customers.”

Founded in 1910, Tournus designs and manufactures a large range of products from its premises in the Burgundy region, and employs 270 people.

The group is backed by investors MML Capital Partners, UI Gestion and Bpifrance.

The corporate finance team at accountancy and business advisory firm BDO LLP in Manchester advised CED Fabrications.

A DLA Piper team led by Yunus Maka provided legal advice to the vendors with Fidal, Mills & Reeve and Clairfield International acting for Tournus Expansion.