Belgrave & Powell Completes Another Acquisition : Sharpe Tooling Limited
TAMWORTH, PRESTON & PLYMOUTH UK - Belgrave & Powell Limited, a specialist engineering services group announce with effect from 6th May 2021 to have acquired 100% of the shares of Sharpe Tooling Limited based in Birmingham, UK. The new acquisition will form part of Belgrave & Powell’s Machine Technology Group (MTG) which comprises some of the leading UK specialists in high quality machine tool products, robotics, fabrication and automation covering a wide variety of applications for Rail, Aerospace, Food, Pharma, Gas Turbine, Oil & Gas, Energy and Automotive sectors.
The new Sharpe Tooling acquisition follows the retirement and planned closure of the Birmingham site by the founder Stewart Sharpe. Founded in 1988 by Stewart, Sharpe Tooling has built up a high quality customer base for bend die tooling which post acquisition fully complement Belgrave & Powell’s subsidiary business, Addison Forming Technologies Limited. Terms of the deal have not been disclosed however following completion, the entire business has been relocated successfully to MTG’s Preston facility with the creation of an additional 6 jobs in high precision tool making and further investment by the group in capital equipment.
The acquisition represents the 5th SME deal by Belgrave and Powell Ltd within 18 months whose focus is UK based specialist engineering services with activities including machine tool services, fabrication, tooling manufacture and distribution. The group operates from facilities in Preston, Tamworth, Rochdale & Plymouth. Businesses in the group include Weld UK, Dean Smith & Grace, GAC Rail, Techni-grind, Maydown International, Addison Forming Technologies, Trufab Technologies, Autotech Robotics and now Sharpe Tooling. See www.belgrave-powell.com For more information please contact firstname.lastname@example.org
Belgrave & Powell Completes the Strategic Acquisition of Certain Assets of Trufab Limited
6th April 2021 - TAMWORTH, ROCHDALE, PLYMOUTH and PRESTON - Belgrave & Powell Limited, a specialist engineering services group, working in conjunction with Realta Consulting Limited and Strala Investments Limited, announce with effect from 6 April 2021 to have acquired the business and assets, including all IP and goodwill from Trufab Limited based in Rochdale, Lancashire. 29 employee jobs have been retained, and the new business will continue the 30 years of trading from incorporation in 1990. Operating from the same 68,000 sq ft facility the business will now trade under the name Trufab Technologies Ltd. Terms of the transaction were not disclosed.
Trufab are a leading UK supplier of high quality stainless steel fabrication components to the food, pharmaceutical and machinery industries and with the acquisition, Trufab Technologies will continue to offer a comprehensive range of services and products to its extensive customer base supported by enhanced capability of the new owners.
Paul Ward, a partner in Belgrave & Powell, will lead the company as part of Belgrave & Powell’s Machine Technology Group and commented; “We’re delighted to have acquired such great capability in high quality fabrication work via Trufab and their employees are a key part of the successful calibre and reputation built up with their extensive customer base both in the UK and internationally. Trufab will form a key part of our UK manufacturing growth plans in stainless steel fabrication for specialist applications and we look forward to growing this business into adjacent sectors within our complimentary customer base.”
Belgrave and Powell Ltd is a UK based specialist engineering services group with activities including specialist machine tool services, robotics, automation, tooling manufacture and distribution operating from facilities in Rochdale, Preston, Plymouth and Tamworth. Businesses in the group include Weld UK, Dean Smith & Grace Lathes, GAC Rail, Autotech Robotics, Addison Forming Technologies, Techni-grind and Maydown International. See www.belgrave-powell.com
Belgrave and Powell plans to grow each of the businesses organically as well as identifying future strategic acquisition opportunities with Realta Consulting. For more information please contact email@example.com
Belgrave & Powell Completes Acquisition of Addition Manufacturing Technologies Limited
26th May 2020 - Belgrave & Powell Limited, a specialist engineering services group announce with effect from 26th May 2020 to have acquired assets, IP and goodwill from Addition Manufacturing Technologies Limited (Addition) based in Preston, Lancashire. Operating from the same facility in Walton Summit, Preston the business will now trade under the name Addison Forming Technologies Ltd. Terms of the transaction were not disclosed.
Addition were a leading global supplier of tube bending equipment and tooling to the aerospace, automotive and nuclear industries and with the acquisition, Addison Forming will continue to offer a comprehensive range of services and products to its extensive customer base and will also now offer new solutions including automation and robotics.
Paul Ward, a partner in Belgrave & Powell, will lead the company as part of Belgrave & Powell’s Machine Technology Group and commented; “Despite the uncertain current economic climate we recognised the long term value with this activity, the highly skilled workforce and the its historic global reputation for quality and innovation. Our vision is to provide our clients with unsurpassed service, quality and technology. We are delighted with this acquisition as it is a key advancement in support of our vision, complementing our existing specialist services companies but allowing us to accelerate our ambitions in terms of offering complex automation and robotic solutions to our extensive customer base. The retained team have some of the best skills in the world in the field of tube bending solutions, tooling design and automation and with the support of the group we will offer immediate benefit to historical and new customers requiring support in this specialist sector. ”
Belgrave and Powell Ltd is a UK based specialist engineering services group with activities in including specialist machine tool services, tooling manufacture and distribution operating from facilities in Preston, Halifax and Tamworth. Businesses in the group include Weld UK, Dean Smith & Grace, GAC Rail, Techni-grind and Maydown International.
B&P Acquire Machine & Tooling Group (MTG)
14th November 2018 - UK based industrial group Belgrave & Powell Ltd today announced that it has acquired MTG Group from Hughes Armstrong Industries Ltd. MTG is a small and specialised portfolio of engineering businesses including Dean Smith & Grace (“DSG”), an historic and globally renown UK based manufacturer of manual and CNC Lathes, GAC Rail a specialised rail machine tool service provider and Maydown International the Midlands based tooling solutions provider. “This transaction is a solid strategic fit for B&P as we look to develop a strong presence supporting UK manufacturing with specialist and niche solutions and having renown historical and trusted brands within the portfolio is key to our growth plans.” said Stephen Lord, Partner. "Our aim now is to grow these businesses organically through offering new products and services and B&P will also look to expand through further acquisition of complimentary activities". Close