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Adam Hewitt
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MagDev Acquired by Bunting

The acquisition of UK-based magnet and magnet assembly manufacturer MagDev Ltd by Bunting expands the range of magnetic solutions and technical expertise offered by the global magnetics group. The extended product portfolio and additional magnet engineering knowledge confirms Bunting’s premier position in the European magnetics sector.

 

MagDev Acquired by Bunting f
MagDev premises and warehouse in Swindon, UK

The Bunting Group is one of the world’s leading designers and manufacturers of magnets, magnet assemblies and magnetising equipment.  Bunting’s European engineering and manufacturing facilities are in Berkhamsted, Redditch and now Swindon, all in the United Kingdom.

MagDev was part of the Delta Magnet group of companies, based in Swindon UK. The facility features testing and in-house machining facilities as well as over 1,100 square meters (12,000 sq ft.) of warehouse space.  MagDev is a leading custom magnets and industrial magnets manufacturer specialising in supplying permanent magnets, magnetic assemblies and soft magnetic solutions in various shapes, sizes and grades, with magnetic properties tuned to specific applications.

The origins of MagDev date back to 1973, with the company becoming part of the MMG group of companies in 1986. In August 2003, the merger of MMG GB Ltd and Magnet Developments Ltd in Swindon, UK formed MMG MagDev Ltd. After the Delta Magnets Ltd acquisition of MMG MagDev Ltd in June 2010, the company became part of the DMG group of companies.

With an experienced technical development team, MagDev Ltd has the capability of meeting a wide range of magnet material requirements, both with permanent and soft magnet materials, whether from a stock of standard parts or through bespoke development.

MagDev magnetic applications engineers join forces with the existing team at Berkhamsted to form a formidable team. As one engineering entity, the scope of magnet design and specification extends across an expansive range of sectors and applications. This includes the dynamically changing automotive, aerospace and electronics sectors, especially concerning low carbon transportation.

Simon Ayling, Bunting’s European Managing Director explained:

“The acquisition of MagDev expands our range of magnetic solutions, especially in relation to soft magnet materials.” He continued: “The present demand for magnet application engineering has never been higher.  We are working with companies across the manufacturing sector, especially in automotive, aerospace and electronics. The addition of the MagDev products and, more importantly, the technical team, significantly expands our magnet knowledge and capability. This is an exciting development enforcing Bunting’s position as the leading European designer and supplier of magnets, magnetic components and magnetising equipment.”

For further information visit www.bunting-berkhamsted.com

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.