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Benchmark International Successfully Facilitated The Transaction Between Floyd Automatic Tooling and NVM PE.
February 19, 2025
Benchmark International is pleased to announce the acquisition of Floyd Automatic Tooling by NVM PE.
Based in Hertfordshire, Floyd Automatic Tooling is a leading distributor in the sliding head CNC market. Floyd Automatic supplies specialized tooling for the turned part and precision component machining industry, serving both subcontract and OEM manufacturers. Offering products from top European brands, the range includes tools for CNC sliding head lathes, milling, spindle tooling, and driven tools for various machines. Backed by years of technical expertise and partnerships with suppliers, Floyd Automatic maintains a commitment to quality, efficient systems, and investment in people.
Located in London, NVM is an independent private equity investor focused on lower-mid market businesses across the UK. Working closely with owners and management teams, NVM combines its knowledge and experience to help turn great ideas into successful businesses, embracing both the excitement and challenges of growth.
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Matt Cattell, CEO of Helix Tool’s holding company, backed by NVM, commented: “We are thrilled to welcome Floyd Automatic into the Helix family. The combined deep technical expertise complements our existing offer perfectly. Today’s announcement signifies a strong start to 2025 for Helix and we are confident that customers will see significant benefit both in terms of product offering and exceptional technical expertise.”
Charlie Pidgeon, Investment Partner of NVM Private Equity said “Consolidation of markets is an obvious driver of growth and with such a strong reputation for technical expertise we saw a clear opportunity for Matt to integrate these businesses into an enlarged Group. We are delighted to have supported them on their first two acquisitions and look forward to backing the team with more opportunities as they arise”
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