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The Bradbury Group and Athader Announce Definitive Joint Venture
Jul. 19, 2012 Spain's Athader is the latest company to become a member of The Bradbury Group of the U.S. The terms and conditions of this joint venture are confidential. Carlos Luengo, with over 35 years of industry experience, will continue in his current capacity as Managing Director, and Harkaitz Luengo will continue to serve as Technical-Commercial Director of Athader.
David Cox, President and Chief Operating Officer of The Bradbury Group, stated, “We are pleased to welcome Athader to our family of companies. For over 20 years, Athader has delivered quality coil processing equipment to the European and Latin American markets. Their expertise in rotary and flying shears, multi-blanking and stacking, slitting, packaging and strapping, surface critical lines for stainless steel and aluminum as well as carbon steel, combined with the advanced leveling and coil processing technologies of The Bradbury Group, will allow us to grow together as world leaders in the manufacture and supply of high quality, technologically advanced equipment for the industry. Athader’s exposure to the global marketplace will dramatically increase in the key markets we have served for over 50 years and this joint venture will be a platform for our continued growth in Europe.”
Harkaitz Luengo, Technical-Commercial Director of Athader noted, “With this joint venture, Athader gains access to Bradbury’s experienced global sales force and customer service personnel, and world-class e•Drive® leveling technology that will allow us to provide superior flatness to our customers. The two family owned companies have developed a strong working relationship by collaborating together on numerous projects over the past several years. The synergies between Bradbury and Athader, and the Group’s financial stability, affirmed our decision to proceed with this joint venture. We are excited to continue our work as a member of The Bradbury Group and look forward to future growth.”
The companies of The Bradbury Group are leading manufacturers and worldwide suppliers of roll forming equipment and integrated systems designed for metal-forming and coil-processing applications in a wide range of industries. The Bradbury Group is headquartered in Moundridge, Kan.
Athader, headquartered in San Sebastián, Gipuzkoa, Spain, specializes in the design, manufacturing and assembly of technologically advanced, turnkey metal coil processing lines including slitting lines, leveling and cut-to-length lines, packaging and strapping lines, and specialty lines including tailor made trapezoidal blanking, grinding, glazing, and recoiling lines for metal service centers. Athader is ISO 9001:2008 certified.