Acquisition of Clements Engineering

SLX Group strengthens its position in the marine engineering sector with the acquisition of Clements Engineering, specialist in precision manufacturing of marine propulsion solutions.

SLX Group Ltd is delighted to announce the acquisition of Clements Engineering (St Neots) Ltd, the Bedfordshire-based specialist in marine propellers, marine shafts, sterntube assemblies and ancillary equipment for small-to-medium-sized leisure and commercial vessels.

Clements Engineering has been supporting the marine industry for over 40 years, becoming one of the leading designers and manufacturers of bespoke propulsion engineering solutions in the United Kingdom.  With its foundry and workshop, Clements Engineering supplies a wide range of small-to-medium-sized vessels with patterns, castings and machine-finished products, delivered globally.

Since 1935 SLX Group has been stocking and supplying marine and industrial components and providing engineering services worldwide.  The acquisition strengthens SLX Group’s position in the marine engineering sector by integrating Clements Engineering’s precision manufacturing and refurbishment capabilities with SLX Group’s established expertise in marine components and through-life engineering services in the commercial vessel sector.

SLX Group takes on sole ownership of Clements Engineering, who will continue operating from its Bedfordshire facility with its full team, ensuring continuity for customers.  Paul Williams has been the Managing Director of Clements Engineering for over 20 years and will remain as a consultant during the transition period. 

Paul tells us: “We are excited about the opportunities this new acquisition brings.  Clements has always stood for precision, performance and service.  Joining SLX Group allows us to integrate our engineering depth with a wider array of products and global support, giving our customers enhanced certainty of supply and expanded technical resources.”

SLX Group plans targeted investment to expand capacity, enhance production technologies and extend the reach of Clements Engineering’s products across domestic and international markets. 

Justin Brooking, CEO of SLX Group, also expressed enthusiasm about the acquisition: “We welcome Clements Engineering to our group as we embark on an integration programme designed to ensure a smooth transition towards more growth opportunities.  Responsiveness, Honesty and Respect are the values we apply in our daily business and that we will bring in the dealings with our new colleagues at Clements, our new customers and our new suppliers.”

The acquisition marks an exciting milestone for both companies, uniting decades of engineering heritage with enhanced product and service offerings designed to support the evolving needs of marine and industrial clients.

https://slxgp.com/about-us/our-companies/clements-engineering