June 2000

Ferguson & Timpson Ltd has been acquired by Caledonian Industries, also based in Hillington Park, Glasgow.

Although the customer base of both companies overlap, Caledonian Industries' products are aimed at precision foam packaging and supplies to the electronics, automotive and engineering sectors.

The acquisition was one of the first moves made by Alan Thornton, who acquired Caledonian Industries in March 1999.

"The two companies have been working together on a number of ventures,"said Mr Thornton. "And and there is a high degree of compatibility in the materials and plant used.

"By joining forces we will be able to offer our clients an enhanced service with a wider product range and greater depth of management experience. We aim to consolidate operations on one site.  We are already established in the supply chain of many blue-chip enterprises and are well known for our progressive attitude towards customer care and innovation."