Camloc turns to DMG Mori for new lathe investment

Matt Warne, engineering director at Camloc Motion Control said: “We wanted to invest in the right machinery that will enable us to expand our operating capabilities, and this new lathe has allowed us to take our customers’ products to the next level, with improved bespoke functionality. The investment was a crucial stepping stone as part of the company’s future growth plans and demonstrated a significant investment from the management team into the business.”

A management buyout alongside a £1.5 million investment from independent private equity investment company Foresight Group, saw Camloc successfully change hands in mid-2016.

The new lathe was successfully installed in September and is now fully operational – marking a significant step forward for the company in order to keep it at the forefront of innovation and design in the gas spring and damper industry.

Camloc Motion Control has been designing and manufacturing gas springs and dampers since 1989 from its facilities in Leicester, producing over half a million products per year.

Previously owned by American investors; in 2016 the company announced the completion of a management buyout, as sales and marketing director Andy Hubbard, finance director Julie Barker, and engineering director Matt Warne invested in the business.

Camloc Motion Control www.camloc.com

DMG Mori www.uk.dmgmori.com