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Friction Technology Limited (FTL) has officially become part of N Industries Group Limited, marking a significant milestone in the company’s growth. Under N Industries’ decentralized model, FTL will continue to oversee its day-to-day operations while leveraging the group’s strategic expertise, resources, and industry experience. This partnership positions FTL for long-term expansion, increased innovation, and entry into new markets while preserving its existing strengths.
Key Highlights:
- FTL retains operational control but gains access to N Industries’ support and investment.
- Growth plans include hiring new sales and technical support staff to enhance customer service and business expansion.
- N Industries has a proven track record of fostering growth in industrial businesses.
- The partnership strengthens FTL’s position in the UK industrial sector while maintaining its core values.
- Leadership statements emphasize strategic alignment and opportunities for innovation.
Jack Boyle, Sales Director at FTL, expressed enthusiasm about the acquisition, stating that the partnership will unlock new growth opportunities while aligning with FTL’s long-term vision. Jonathan Bates-Kawachi, CEO of N Industries, reinforced this sentiment, highlighting FTL as a high-quality industrial business with strong potential.
This acquisition represents a new chapter for FTL, providing the tools needed to accelerate expansion and drive further innovation while remaining committed to its customers.
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