B&P News

14th November 2018 - B&P Acquire Machine & Tooling Group (MTG). 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 

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