Spline Gauges invests following acquisition by global private investment firm

The investment was made possible following the acquisition of Spline Gauges and its parent company, Apex Tool Group, by leading global private investment firm Bain Capital Partners LLC in February this year. With the overhaul of the Tamworth premises now largely completed, Spline Gauges is in the process of preparing the installation of its new grinding equipment, which is set to be up and running by early 2014. According to the company's managing director, Malcolm Ryman: "The new machine will allow us to process orders more quickly, without compromising on accuracy and quality. Plus, thanks to some added features, it also provides to our clients gauging that we have previously been unable to make." As a specialist in spline ring and plug gauges, master gears and artefacts, Rotolock-tapered mandrels, as well as a wide range of general broaching tools, Spline Gauges supply products to firms working on automotive engines and transmissions. Besides serving the automotive and motorsport industries, the company also operates within aerospace and defence, energy, oil and gas and industrial and agricultural vehicles.