AWS Group has secured a 5.5M equity investment from the private equity firm, Barclays Ventures to fund UK organic growth and acquisitions. AWS plans to widen its internationally footprint with a presence in South East Asia. Over the last three years AWS has broadened its manufacturing capabilities and implemented an integrated group supply chain solution. Today the business comprises four UK-based operations supported by a lower cost manufacturing solution based in northern Slovakia. It employs 420 staff, and has annual sales exceeding 40 million.
AWS CEO, Paul Deehan, said: The investment serves to underwrite the Board’s determination to continue a path of strategic as well as organic growth within the electronics manufacturing services sector and to strengthen its capacity to achieve its aims. The desire to continue to provide our customers with a flexible service of the highest quality at competitive prices remains our number one priority.