New Management Team Completes Buy-Out at Alloy Wire International
Alloy Wire International (AWI)ย (official site), based in the U.K., announced the successful completion of aย management buy-out (MBO)ย led byย Managing Director Tom Mander,ย Technical Director Andrew Du Plessis, andย Finance Director Adam Shaw. The deal ensures that AWI remains under the leadership of long-serving team members committed to driving its next phase of global growth.
Alloy Wire International Buy-Out Secures Future Growth
Theย Alloy Wire International buy-outย marks another milestone for the company, which celebratedย 77 years of continuous operation. Mander said the transition gives AWI the platform to expand bothย domestically and internationally. โWeโre building on decades of success and capitalizing on new export opportunities,โ he said.
The three new owners collectively bring more thanย 45 years of experienceย with the company, ensuring business continuity and strong leadership.
Former Managing Directorย Mark Venablesย will now serve asย Chairmanย for the next five years, whileย R&D Director Angus Hogarthย will continue to provide expertise in aย consultancy role. The arrangement allows the new management team to innovate while benefiting from AWIโs longstanding leadership and tradition.
Long History of Employee Ownership at Alloy Wire
This transition represents AWIโsย third management buy-outย in its 77-year history. The first occurred inย 1991ย and the second inย 2013ย under Venables and his team. Each buy-out has enabled the company toย preserve its independent structure, maintain internal expertise, and strengthen its family-oriented culture.
Mander emphasized that this continuity is key. โThereโs something special about how AWI operates โ we combine technical knowledge with a strong sense of teamwork,โ he said. โThis MBO helps sustain those values for the next generation.โ
Investment and Expansion Plans for the Future
Theย buy-out teamย aims for record-breaking growth, setting aย target of ยฃ15 million in annual sales. To support this goal, AWI will investย ยฃ1 millionย in 2026 in new technology and facility upgrades. The investment includesย wet and dry wire drawing machines, an annealing line spooler, andย hundreds of metric tons of raw materials.
These upgrades will expand production capacity at AWIโsย two state-of-the-art U.K. factoriesย and improve service for itsย 6,000 global customers. The company also plans to explore new markets inย Egyptย and theย Middle Eastย through an extended international sales network.
AWI Continues to Serve Global Industries
Supplying more than 45 countries, AWI producesย high-performance wire and alloy productsย for industries such asย aerospace, nuclear, automotive, chemical, medical, and oil and gas. With its new structure and forward-looking strategy, AWI is well-positioned to strengthen its role in theย global specialty wire market.
Venables expressed full confidence in the new leadership. โTom, Adam, and Andrew understand the AWI culture and share a passion for innovation,โ he said. โTheir drive, investment plans, and commitment to excellence make the future of Alloy Wire International brighter than ever.โ
