Belgrave & Powell acquires Sharpe Tooling
Engineering services group, Belgrave & Powell, has acquired Birmingham-based Sharpe Tooling.
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 Mr Sharpe, the company has built up a high quality customer base for bend die tooling which complement Belgrave & Powell’s subsidiary business, Addison Forming Technologies.
The entire business has been relocated successfully to MTG’s Preston facility with the creation of an additional six jobs in high precision tool making and further investment by the group in capital equipment.
The acquisition represents the fifth SME deal by Belgrave and Powell 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 and 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.
Belgrave & Powell
www.belgrave-powell.com
