Wardwell acquires Cobra Braiding Machinery
Wardwell Braiding Company has announced its acquisition of Cobra Braiding Machinery and its assets. The announcement was made by Wardwell vice president John Tomaz at the company's headquarters in Rhode Island, USA.
According to Mr Tomaz, Wardwell and Cobra have been friendly competitors for many years on the global market in wire and cable harnessing, and when this opportunity for acquisition arose, we knew it was a great fit for our company and our customers. I have the highest respect for the Cobra line of braiders and especially the company's managing director, Neil Hyde.
Mr Hyde will remain active in the company as general manager for a period of time yet to be determined.
Established in the UK in 1981, Cobra is a family-run company, now in its fourth generation. It manufactures and supplies braiding machines and equipment for a wide range of wiring harness markets, including heavy vehicles, agricultural equipment, construction and mining equipment, military and defence vehicles, marine engines and aerospace. It exports 95 per cent of the braiding machines it manufactures, to countries in Europe, and others including the USA, Mexico, China, Japan and Australia.
Mr Hyde commented, Teaming up with Wardwell gives us the confidence that our customers will continue to receive the performance and support they are accustomed to getting from Cobra.
Wardwell is a member of the Wilms Group, which includes other equipment manufacturers such as Sket, Henrich and Spirka-Schnellflechter. The Wardwell braiding machine offerings will now include the entire Cobra line, highlighted by the Cobra 450.