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Glasgow, Manchester, 29 October 2019 - Glasgow-headquartered JWF Process Solutions Ltd, engineering specialists in measurement and instrumentation products and services, has gained a UK-wide operational footprint with the acquisition of Manchester-based flow measurement specialist Stream Measurement Ltd.
Founded in 1962, JWF has UK and international customers across the Oil and Gas, Food and Beverage, Chemical and Petrochemical sectors and counts Repsol, Chrysaor, Apache, Nestle, Diageo, Macallan, Ineos, PetroIneos and Babcock International among its client base. Stream Measurement, established in 1999 following a management buy-out from Schlumberger, covers the Utilities, Energy, Automotive, Food and Beverage and Pharma sectors, with key customers including National Grid, Centrica, Phoenix Gas, Thames Water, Boots Manufacturing, Greencore, BMW and Astra Zeneca.
The combined group will have turnover in excess of £10 million, headcount of 37, UK-wide coverage, an extended partner network, strong synergies and enables JWF to further develop its service-related activities. JWF, who moved to a new world-class facility in 2015 and also has operational bases in Aberdeen and Teesside, offers a full package of instrument and measurement solutions encompassing instrumentation, metering, flow surveys, commissioning, calibration and tank calibration.
Kenneth Fairbairn, Chief Executive of JWF Process Solutions, said: “JWF’s unique position in the market is underpinned by the partnerships we have in place with manufacturers across the globe, relationships that allow us to select the best solution to meet client expectations such as technical specifications, quality, materials, delivery timescales and cost - which are all crucial to our customer base. The acquisition of Stream Measurement gives us added strength in existing and new industry sectors, a high-quality team of people who share our customer-first focus, UK-wide reach and the opportunity to build an even stronger services division at the combined group.”
Andy Maber, Commercial Director, Stream Measurement said: “This is a very exciting time for both Stream and our customers. We are adding new products, services and increasing our geographic support, whilst the team at JWF complement our existing flowmeter expertise with their years of instrumentation and measurement experience.”
Robert Allan, Managing Director, JWF Process Solutions, said:
“The markets we work in are going through a period of transformational change. Oil and Gas in the UK is seeing a number of mergers and acquisitions and the Energy and Utility markets are continuing to expand due to their requirements for increased levels of specialist metering support. The Stream acquisition further strengthens our ability to provide full turnkey measurement solutions across all markets.”
JWF is on track for revenue in excess of £8 million in the current year (year to 31st December 2019).