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 square foot facility the business will now trade under the name Trufab Technologies Ltd. Terms of the transaction were not disclosed.
Trufab is 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 said: “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.comBelgrave and Powell plans to grow each of the businesses organically as well as identifying future strategic acquisition opportunities with Realta Consulting.