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Helix Tool Company, which was recently backed by NVM, has completed a double acquisition as it seeks to consolidate the industrial cutting tool distribution market. In undisclosed transactions, the Leeds-based business has acquired Floyd Automatic Tooling and Nsert. These purchases are complementary and have been completed in line with Helix’s organic and M&A led strategy. Following these transactions, Helix remains acquisitive with adequate funding available to enable further consolidation across the market focussing on technical-led tooling distributors in the UK. More information www.helixtools.co.uk