The deal is set to introduce direct investment into Scotland’s engineering base and positions KRG for growth in high-value sectors including defence, renewables, hydrogen and subsea technologies.
Under the agreement, KRG’s workforce and operations will remain in Coatbridge, ensuring continuity for its long-standing customer base, it said, while unlocking new opportunities through Torishima’s global network.
Founded in 1978, KRG has built a reputation as one of Scotland’s most respected high-tolerance machining specialists, supplying critical components to sectors that demand accuracy and reliability. From its origins as a family-run business to its position as a trusted national partner, the acquisition marks a new chapter in KRG’s contribution to Scotland’s manufacturing economy.
“This is a major milestone for KRG and for Scottish engineering,” Gerry Hughes, Managing Director of KRG, said in a statement. “Joining the Torishima Group gives us the backing of a global leader while allowing us to remain firmly rooted in Coatbridge. It means more investment in skills, technology and apprenticeships, and strengthens Scotland’s position in sectors where precision engineering is absolutely vital.”
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Steven McColl, Managing Director of Torishima Service Solutions Europe, added: “KRG’s reputation for technical excellence and high-precision capability aligns strongly with our own values. Their expertise enhances Torishima’s offering across Europe, and we are delighted to welcome a company with such deep Scottish engineering heritage into the Group.”
The acquisition will add advanced machining and engineering capacity to Torishima’s growing presence in Scotland, supporting major industrial, energy and infrastructure projects across the UK and internationally. It also reflects a broader trend of global investment in Scotland’s manufacturing sector, driven by demand for high-value engineering solutions in emerging technologies such as hydrogen and renewable energy.
For KRG, the partnership promises access to new markets and resources while maintaining its commitment to local employment and skills development. Plans include investment in apprenticeships and advanced training programmes to equip the next generation of engineers for an increasingly complex industrial landscape.