Tangye then went on to be acquired by the Turner & Newall Group (also known as Hydratight). Hydrotight manufactured Hydraulic Rope Pullers and Torque Multiplier equipment. Tangye had a strong period of relative stability which attracted interest by the Allspeeds Group (part of the GEI group). In 1994 Allspeeds purchased Tangye and moved all the operations from Birmingham to Accrington.
The Allspeeds group already had ownership of three companies known as Variators, John Blake and Webtool (which was a direct competitor of Tangye). After a few years, the GEI group came up against financial difficulties and another management buyout was accepted to acquire the Allspeeds group.
All of the manufacturing takes place in the Allspeeds complex in Accrington, and Tangye is now the only aluminium jack range that Allspeeds manufacture (along with other branded products).
Tangye has endured a lot of mergers, de-mergers, and acquisitions but the name still lives on!