This expansion coincides with the acquisition of Magnet Applications by Bunting. The acquisition was completed in April 2008. In May 2010, as part of this expanded presence in Europe, Gareth Meese was named export sales manager for Magnet Applications Limited (MAL), a division of Bunting. Meese will have dual responsibilities to oversee and develop sales for the product lines for both Bunting and MAL.
Robert J Bunting, owner and chief executive officer of Bunting Magnetics Co said: “This expansion is an extension of our acquisition. Magnet Applications significantly expands Bunting’s product and market scope. They have outstanding market recognition as a premier manufacturer of bonded NdFeB magnets and technical assemblies. Now, by manufacturing Bunting equipment within the European Union, we will be able to build on the reputation of both companies and offer a fuller range of magnetic technology to the eastern hemisphere.”
