Year of major investments for Sheffield Forgemasters

Engineering specialist Sheffield Forgemasters has published financial results for the period to 31 March 2024, highlighting £107m of investments and £286m in placed contracts. The company secured orders worth £193m for the period, more than double its 2023 intake of £72.5m and in the face of challenging trading conditions, marked by a pre-tax operating loss of £3.9m (2023: loss of £4.4m) against turnover of £100m (2023: £99.4m). Accounts show that the company committed £286m to contracts for its £900m recapitalisation programme, which will see the Brightside Lane site transformed through the construction of the UK’s largest open-die Forging Line and a world-leading machining facility. Chief Executive Officer, Gary Nutter, said: “The 12 months to 31 March saw £107 million of investments into new plant and equipment to recapitalise defence-critical equipment and improve efficiencies, by increasing throughput and reducing incidences of downtime. “This is in addition to £286m of contracts which have been placed as our recapitalisation programme builds pace. We expect this rate of investment to accelerate over the next three years, which will transform production capabilities on-site. “The company’s recapitalisation programme is designed to secure long-term sovereign capability for the UK and its allies’ defence needs and will positively affect the company’s delivery performance, as older machinery is replaced, and new facilities are brought online.” Recent developments include the installation of two new, ultra-large, five-axis vertical turning lathes, which were commissioned in Q1, to reduce bottle necks in the delivery of complex forged and cast components into the UK’s defence programmes. The company also bought 21 acres of land, with the largest 16-acre plot earmarked for a brand-new machining facility, which will house 17 of the world’s largest and most advanced vertical turning lathes, to support the UK’s future SSN-AUKUS submarine programme. Headwinds which have affected the company’s performance include high energy costs, increasing inflation, global effects of the Russia-Ukraine conflict and ageing equipment failures, which are being addressed through its radical investment in new plant. Most of its revenues came from UK Defence orders, with commercial intake down from £38 million in 2023, to £28 million this year. The business secured new orders from US Defence, steel processing sectors and engineering products and its geographical revenues show UK income of more than £83m, with £6.7m from North America, £2m from non-European countries, and £7.5m from Europe. Sheffield Forgemasters’ strategic plan includes the development of a highly skilled and diverse workforce, driven by its apprenticeships programme, which sees approximately ten per cent of the 675-strong workforce in apprenticeships at any one time. It also features a site-wide flood prevention programme, and a drive to secure commercial sector revenues in renewable energy markets such as offshore wind and civil nuclear power.

New Director of Operations appointed at Manningham Housing Association

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Saqib Saleem is joining Manningham Housing Association (MHA) as Director of Operations. Amongst a broad range of responsibilities, he will lead on the delivery of customer facing services and drive MHA’s asset management strategy, including overseeing its property portfolio. Mr Saleem is currently Director of Strategy and Regulation at Altair where he leads a team that advises organisations on housing regulation, risk management, supporting for-profit providers and helping organisations become Registered Providers with the Regulator of Social Housing. He arrives at MHA with more than two decades of combined experience in the public and private sectors, including previous roles at Homes England, KPMG and The Guinness Partnership. With expertise in audit, assurance, governance and risk within the housing sector, Mr Saleem is a qualified Internal Auditor, Agile Project Management Practitioner and holds a Postgraduate Diploma in Audit Management and Consultancy. He said: “I am excited to join MHA as Director of Operations. “Social housing has an important part to play in people’s lives and can be a stepping stone to a prosperous future for families and individuals. “I understand the difficulties faced by many BME communities and deeply admire the work that Manningham Housing Association does for such communities in Bradford and Keighley. “It is an immense task to not only maintain but raise the high standards MHA has set for itself over many years, including numerous award wins, but I am up for the challenge.” Lee Bloomfield, MHA Chief Executive, said: “The role of Director of Operations is hugely pivotal to MHA’s continued success as one of the country’s leading BME housing associations, and we set the bar particularly high when launching the recruitment process. “We were seeking a candidate with a sharp focus on customer experience and satisfaction, and a passion for delivering services to BME communities. Saqib vividly demonstrated these qualities. “We look forward to him becoming a key member of the Senior Management Team.” Rupert Pometsey, MHA Chair, said: “This is an ideal time to be joining the association as we seek to inject added momentum into our ambitious growth plans on behalf of the local communities in Bradford and Keighley, whose needs we are proud to serve. “The Board was impressed by Saqib’s energy and drive, alongside his extensive experience of the sector. “He is extremely welcome as the newest member of the MHA family.” Mr Saleem will take up post on 6 January 2025.

34,000 sq ft deal sealed at Leeds’ Bridgewater Place

Martley Capital Group have agreed terms with premium commercial amenity and workspace provider x+why to occupy 33,990 sq ft in Bridgewater Place, the 30-storey office-led, mixed-use tower in central Leeds. x+why, will occupy the first, second and ninth floors of Bridgewater Place and a new 5,000 sq ft roof top terrace on a ten-year agreement, in addition to the operation of a newly designed building reception and coffee bar. This will add to their portfolio of over 430,000 sq ft of flexible office, receptions and food & beverage led clubspaces in sustainable buildings across London, Birmingham, Manchester and Milton Keynes. Since purchasing the tower in 2022 following years of underinvestment, the current owners have raised £35 million to carry out a complete refurbishment, with the aim of creating a high quality, fully repositioned, energy-efficient building, to return Bridgewater Place’s best in class credentials and secure its continued status as a Leeds landmark. x+why’s fully refurbished offering is due to open in late 2025 with available suites ranging from 4 desks to a 5,000 sq ft office which can be adjusted to member needs. Eamon Fox, Partner and Head of Development for Knight Frank which represents Martley Capital, said: “Securing x+why is brilliant for the asset and the wider Leeds business community and our approach is to excel in the mandatory characteristics of best-in-class buildings. The baseline for the future office is being reset at Bridgewater Place.” x+why’s offering will provide flexible working space, private enterprise suites, meeting rooms, event space, food and beverage, a clubspace and extensive roof terrace. x+why will also be running the main building reception, including a new coffee bar in the revitalised atrium. x+why’s in-house design team, whydesign, will be leading on the interior design of the space. When refurbished Bridgewater Place will have greatly improved sustainability credentials, including BREEAM ‘Excellent’ and EPC ‘A’ ratings, aiming for net zero in operation by 2030 in the landlord-controlled areas. Rupert Dean, CEO and co-founder of x+why, said: “We are building a national infrastructure of cutting-edge workspaces, designed to combine hospitality, design and sustainability, ensuring every city we enter is equipped with spaces that set the standard for the modern workforce. “We plan to be in every gateway city in the UK, and want to be in the best buildings and locations, and so are thrilled to be launching in this exciting location in Leeds. “We believe in creating a single hospitality platform across all amenities in offices to provide best in class tenant experience, and creating inspiring, sustainable spaces that not only support businesses but contribute meaningfully to their local environments and support what the office is all about today. “We are passionate about driving impactful change with our spaces, and can only do so as a result of strong and transparent relationships with our landlords, so we are delighted to be working with the fantastic and forward thinking team at Martley on Bridgewater Place. “Crucial to us is a shared vision for the future of work, sustainability and the role of amenity. We love Martley’s vision for the space and their commitment to re-imagining an existing asset in a highly sustainable way, which is a core value for our business.” Jack Thoms, Executive Managing Director, Real Estate at Martley Capital Group, said: “We are delighted to be working with the team at x+why at Bridgewater Place to bring their dynamic offering to the building. “Their innovative approach to workplace environments will set a benchmark in Leeds, with every aspect of the building serving not just as an office but as a destination, reflecting the evolving needs of local businesses. “We believe that the vibrancy that the refurbishment of the atrium and common areas will bring, together with x+why being highly visible at Levels 1 and 2, and the unique offering at level 9, will enliven the building.”

Leeds office investment sold for over £10m

Acting on behalf of Bridges Fund Management and Evenacre, CBRE’s Leeds Investment team has completed the sale of 6 East Parade, a prime office building in central Leeds for in excess of £10 million. The building was acquired by STR Capital for a private client. The prominent Grade A office building comprises 44,000 sq ft of space over 7 floors with 13 basement parking spaces and is multi-let to tenants including Dentsu, DLA Architects, Claranet, Iwoca, Muse, Overbury and ABS Limited. Lewis Ellis advised STR Capital, a UK focused commercial real estate investment asset management company, acting on behalf of a private client. Alex Whiting, Senior Director at CBRE who advised Bridges and Evenacre, said: “6 East Parade is a high quality refurbished building in a prime location and investor interest in the property was strong. This multi-million pound deal highlights the continuing improvement of the Leeds investment market.” Guy Bowden, Partner at Bridges Fund Management, said: “With 6 East Parade, we saw an opportunity to bring a disused building back into economic use and address the clear under-supply of prime office space in central Leeds. “Our investment enabled an environmentally-led refurbishment that has made the building an attractive location for local businesses, who recognise the value of sustainability features in cutting operating costs and reducing their carbon footprint.” Marcus Langlands Pearse, Partner at STR Capital, added: “6 East Parade follows on from our recent acquisition of 2 office buildings in Tunbridge Wells. “Bridges have done an excellent job of repositioning this Leeds City Centre office and we look forward to further enhancing the space. 6 East Parade complements our current strategy of buying well let, future proofed buildings in strong locations.”

Multi-million pound investment set for Harrogate Convention Centre

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A multi-million pound investment in the Harrogate Convention Centre has been unveiled to ensure that the venue can reach its full potential and provide a greater boost to the region’s economy. The ambitious plans could see £7 million invested in new larger breakout rooms in the venue’s Studio Two, in a bid to ensure that the centre can thrive in the extremely competitive conference market. Members of North Yorkshire Council’s executive will be asked to explore in more detail the possibility of introducing a more commercial operating model, which would reduce the financial subsidies from the authority and help to attract future investment. Councillors will meet on Tuesday next week (17 December) when they will be told that the planned transformation of Studio Two, which would provide breakout conferencing facilities for about 1,300 delegates, could generate an extra £1.5 million annually. The proposals also include developing a new business plan and actively looking for other funding opportunities. North Yorkshire Council’s deputy leader, Cllr Gareth Dadd, whose responsibilities include finance, said: “The Harrogate Convention Centre is a venue that promotes the town and Yorkshire on a national stage, bringing in visitors from across the country. “It is critical that we retain the benefits of the convention centre while at the same time finding opportunities to reduce our subsidy, improve the facilities and align the centre with our long-term vision for Harrogate. “We want to take the convention centre forward while still protecting taxpayers’ money and promoting the economy of the town, and the proposals for the investment will be carefully considered during the executive’s meeting.” Constructed in 1982, the centre has one of the largest purpose-built auditoriums in the UK. However, a lack of larger breakout rooms has hampered the venue’s ability to host larger conferences to maximise its impact on the economy for Harrogate and the wider region. A subsidy of £1.9 million was provided for the venue by the council last year, although the figure had reduced from £2.6 million in the previous year after catering was brought in-house and revenue from lettings continued to grow. Executive member for open to business, Cllr Mark Crane, whose responsibilities include economic development, said: “The Harrogate Convention Centre plays a vital role in Yorkshire’s economy and contributes more than £45 million every year through the retail and hospital industry. “It is imperative that we look to ensuring that the venue remains at the forefront of the economy for both Harrogate and the wider Yorkshire region, and the proposals which will be considered by the executive are a means to ensuring this.” A business strategy launched in 2019/20 has seen a 21 per cent increase in income from lettings at the convention centre and forward bookings indicate potential growth of more than £4 million each year. With an initial investment of £7 million, the revamped Studio Two is projected to ultimately generate an additional £1.5 million in annual income. It is expected that this would reduce the annual operating subsidy to about £1 million, although a detailed business case would be required before the investment is approved. A marketing exercise has since been undertaken by a consultancy firm called 31Ten, which has wide experience of the conference market, to highlight future opportunities for the convention centre. The review identified five possible options which ranged from doing nothing to selling the building. The option to focus on the new studio development and a more commercial operating model is seen as the best way forward by the consultants. The convention centre’s director, Paula Lorimer, said: “The proposals for Studio Two are very welcome and would significantly improve revenue opportunities for the Harrogate Convention Centre. “This venue is integral to the visitor economy of Harrogate. Its conferences, exhibitions, corporate events, banquets and live entertainment create jobs and business to the town’s shops, bars, cafes, restaurants and hotels – worth more than £45 million a year to the local economy. “In recent years, the centre’s performance has continued to improve, and the planned investment would help this trend to continue.” Developers and other venue operators were consulted as part of the market testing, and partnerships that have been adopted elsewhere in the country were explored. Partnership work in Harrogate could include looking at collaborations with universities, colleges and the York and North Yorkshire Combined Authority to unlock new opportunities and funding and widen the audience appeal of the centre. The convention centre, which is situated in the heart of Harrogate, has a 2,000-seat auditorium and 13,000 square metres of exhibition space.

Smiths Hire welcomed to Bradford business centre on decade-long lease

Towngate Plc, the specialist in commercial and industrial property letting and management, has welcomed Smiths Equipment Hire Ltd to its Bradford development. Signing a 10-year lease on Unit 3 Towngate Business Centre, Windsor Street, the equipment and tool hire provider now has a third hub in West Yorkshire to support its ongoing growth in the region. Smiths currently boasts one the largest independent fleets in the UK, offering nationwide service for powered access and plant equipment. The firm provides essential tool-based support to industries spanning construction and engineering to facilities management and maintenance. With over 50 years of heritage and more than 18 depots – including Leeds and Castleford in West Yorkshire, incorporating nine construction training centres across the north west providing IPAF, PASMA, and a range of other industry-renowned qualifications – it continues to expand its footprint. “We’re excited to occupy this new hub and further our relationship with Towngate as part of our ongoing expansion,” said David Smith, joint managing director at Smiths Hire. Thomas Smith, also joint managing director, added: “Strategically located and with excellent features, the facility provides an ideal space to support our growing fleet and better serve our customers across the region.” The detached trade counter and warehouse unit spans 7,469 sq ft, featuring an extensive frontage along Wakefield Road (A650), a secure yard area, ground-level loading, parking provisions, and ancillary offices. “Situated within a mile of Bradford City Centre, two miles from the M606 motorway, and four miles from the M62, the unit provides excellent connectivity for Smith’s regional and national logistics,” said Tom Lamb, property director at Towngate Plc. “Beyond this proximity to the motorway network and main arterial routes, what sets this premium trade counter apart is its adaptability. “Whether supporting large-scale equipment distribution or offering a centralised customer support hub, this facility lays a strong foundation for Smith’s continued expansion in the northwest. We look forward to working with the business over the next decade.” Jake Pygall of Avison Young, who acted as Smiths Hire’s agent for the transaction, said: “We were delighted to represent Smiths Hire in acquiring this excellent location on their behalf – a testament to the strength and growth of the business. It was also a pleasure to work alongside Towngate and its agents in securing the facility, and I am confident both Smiths and Towngate will build a fruitful and lasting relationship together.” Notable occupiers near Smiths Hire’s new lease in Bradford include Travis Perkins, James Hargreaves, GAP, Speedy Hire, CEF, and Toolstation.

Keyland sells interests in major Leeds site to Evans Property Group

Keyland Developments, the property trading arm of Kelda Group and sister-company to Yorkshire Water, has sold its interests in Templegate Developments Limited to joint venture partner Evans Property Group for an undisclosed sum. Templegate Developments Limited is the company behind Skelton Gate, a 170-acre former open-cast colliery site to the east of Junction 45 of the M1. To date the partnership of Evans and Keyland has secured planning permission for Phases 1 & 2 which includes up to 1,100 homes, a new school, public open space, a local centre and a food store. An application is currently running for Phase 3, which, if approved, will provide an additional 700 homes and infrastructure. A £20M Home Building Fund loan from Homes England is funding the delivery of infrastructure and ground preparation works for all phases. In addition to enabling the creation of more than 500 new construction and operational jobs, the scheme is already making a significant contribution to the region’s housing targets following the successful sale of the 27 acre Phase 1 in January 2022 to Avant Homes and Evans Homes for the delivery of a combined 415 homes. Phase 2, at circa 31 acres, will be sold fully serviced to a housebuilder to bring forward. Skelton Gate is being developed and built using key principles of sustainable development whilst delivering a residentially led mixed-use scheme of high quality and design. Following the sale of Keyland’s interests, Evans will continue to drive the successful development forward. Peter Garrett, Managing Director of Keyland Developments, said: “At Keyland our focus is on the early stages of the development process, using our expertise to secure planning consents on complex sites and to overcome obstacles to development. “We are incredibly proud of our work unlocking the Skelton Gate site for development to enable a major contribution to the Leeds City Region in terms of new homes, community amenities and the job creation throughout the construction and development phases. “Passing on our interest in this project to our partners at Evans will allow us to concentrate our efforts on our growing Planning Promotional Agreement (PPA) business and on unlocking further opportunities from Yorkshire Water’s 70,000 acre land portfolio.” Rob Marshall, UK Managing Director, Evans Property Group, said: “The Skelton Gate site is one of the most significant in the Leeds City Region and our successful, long-term partnership with Keyland Developments has brought the scheme to an exciting stage. “Three housebuilders are already building and selling houses on Phase 1 of the scheme; Avant Homes, Vistry and our own Evans Homes business. By acquiring 100% of Phase 2 and 3 we have secured a significant pipeline for Evans Homes as we continue to grow that business, adding to existing sites at Tockwith and Skelton, and future sites at Whinmoor and Brayton. “We thank our valued partners Keyland for their work on the scheme up to this point and for opportunity to follow our growth strategy for our Evans Homes residential business.”

Commercial regeneration set to take off at The Junction

Carter Towler’s retail agency has been appointed by global property company City Developments Limited to market its first commercial unit at The Junction, Whitehall, Leeds. The brand-new, double height, 4,100 sq ft unit is prominently placed on the ground floor of one of the build-to-rent apartment blocks overlooking the canal. Commenting on the release of the unit, Pete Bradbury, Carter Towler’s Head of Retail, said: “We are absolutely delighted to be involved with this exceptional development. It is playing a pivotal role in one of the biggest regeneration projects in Europe and the progress made so far is very exciting. “The final apartment block forming part of the 665-unit scheme was completed in late 2023 and the development has already been shortlisted for an award by the Royal Institute of Chartered Surveyors (RICS) in recognition of the impact it is making revitalising this west end area of Leeds city centre. “The viaduct itself which spans the River Aire and Leeds & Liverpool Canal, has been transformed into a beautiful urban garden with pedestrian walkway. This fantastic public space connects The Junction with Wellington Place, making the new commercial unit an unparalleled location for a bar and restaurant operator.” Unit R1 has double-height windows on two sides, outdoor seating, and canal-side access via steps. Externally the unit links to the viaduct arches, which will soon provide additional retail and leisure opportunities. Pete Bradbury concluded: “Together with the Latitude Development and Wellington Place, The Junction is reviving this part of the city. We are trying to create a local neighbourhood community hub for occupiers of the new apartments and office buildings to enjoy onsite amenities. “In early 2025 we will be commencing the marketing of the former railway arches and hope these units appeal to a variety of uses. We are certain this part of Leeds will become a destination worth visiting.” Carter Towler and Bruce Gillingham Pollard are joint agents for Unit R1 The Junction.

Bradford College opens STEM building following £6.9m refurb

Guests from education, construction, and regional employers joined staff and students for the official opening of Bradford College’s Garden Mills building. A multimillion-pound renovation project has transformed the derelict mill on Thornton Road into a flexible digital, science, and allied health training facility for higher-level students.

The 1900s five-storey building opened after months of construction work, supported by £5.8 million in funding from The Office for Students (OfS) Higher Education Capital Fund and a £1.1 million College contribution.

The site is now Bradford College’s dedicated building for HNC, HND, and degree programmes in STEM (science, technology, engineering, and mathematics), including digital and ophthalmic courses. The site supplements the extensive STEM facilities established across other College campuses. Contractors Tilbury Douglas led the Garden Mills project and installation of industry-standard equipment, including six digital IT labs, an ophthalmic dispensing suite, a prep room, a clinical suite, a real-life work environment with consulting and testing booths, a collaboration area, and academic teaching spaces. Bradford College Director of People Services, Sarah Cooper, addressed invited guests, which included employers from digital and ophthalmic industries, such as Specsavers and the Association of British Dispensing Opticians, as well as representatives from Bradford Council and the West & North Yorkshire Chamber of Commerce. Sarah said: “We are thrilled that this incredible new learning environment is now open to our staff and students, and I’m sure you’ll agree it is a wonderful new addition to both Bradford College’s estate and the resources available to the local community. “We’re delighted that Garden Mills is now ready for staff and students. It is an essential part of our estates strategy and perfectly demonstrates our ambition of opening up pioneering student careers that support regional growth.” After speeches, guests enjoyed a tour of the new cutting-edge Garden Mills facilities, which concluded with a ribbon-cutting ceremony led by Bradford College CEO & Principal, Chris Webb.

Garden Mills is one of several current Bradford College capital developments. Over the last two years, Bradford College secured nearly £32 million in funding, which is being used to enhance, refurbish, and build aspirational new facilities in the heart of Bradford.

Other construction projects include newly completed vocational T Level facilities in the College’s David Hockney Building, overseen by Sewell Construction and funded by £3.5 million from the Department for Education (T Level Capital Fund – Wave 5). New facilities include a commercial barbering salon, nail bar, collaborative lecture spaces, TV studio, media editing and recording studios, and a remodel of The Grove training restaurant.

Work on the College’s purpose-built Future Technologies Centre is also well underway with Phase 2 of the scheme led by contractor Morgan Sindall. This new site will support the growth of technology and low-carbon skills capability within West Yorkshire and become the home of modern automotive and digital engineering curricula, such as electric/hybrid vehicles and advanced manufacturing.

The College’s Automotive, Digital and Engineering Department will relocate to the new premises once completed in 2026. Students will use industry-relevant facilities to gain skills in new technologies for careers in a fast-moving sector. The project was made possible by a £15 million investment from the Department for Education’s Further Education Capital Transformation Fund (FECTF), boosted by a £2m College contribution.

The Future Technologies Centre, Garden Mills, and T Level facilities all form part of Bradford College’s ambitious estates strategy. The capital masterplan centres around building facilities that open up pioneering student careers and support regional economic growth.

Management buyout completed at CTW Hardfacing

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A management buyout (MBO) has been completed at CTW Hardfacing. Based in Sheffield and established in 1972, CTW Hardfacing provides long term wear resistant solutions to a wide range of industries, including those in the power generation, steel production, oil and gas and food processing sectors. In a linked transaction, CTW Hardfacing also acquired the trade and assets of a larger supplier, which will further bolster the range of services offered by CTW Hardfacing. The transaction was led by Jack Ware and Peter Wilmer of the Hawsons Corporate Finance team. BRM Solicitors (led by Rory Conwill) provided legal advice on the transaction. NatWest and Royal Bank of Scotland Invoice Finance supported the transaction with a funding package that included a term loan, a commercial mortgage and an invoice discounting facility. NatWest were advised by Clarion. This is the second MBO that Hawsons Corporate Finance have completed for CTW Hardfacing. The first was back in 2018 where Mark Hill and Adrian Carr bought out former owner Ken Cooke, and this transaction was also led by Jack Ware and Peter Wilmer. The purpose of the current MBO was for Adrian Carr to buyout his business partner Mark Hill to become the sole shareholder of the group. Mark Hill said: “I started my career here at 16 years old and have now served CTW for over 47 years in various manual and managerial roles. “Six years ago the company founder Ken Cooke passed Adrian and I a great opportunity to take CTW on to its next chapter and during this time Adrian and I are proud to have achieved good growth through such unprecedented trading conditions such as Covid-19, Brexit and the supply chain disruption. “I hope that Adrian and the wider team will continue to serve our clients well and help CTW move forward successfully for many years to come. “My thanks go to Jack Ware at Hawsons, Rory Conwill at BRM Law and Clarions (acting for NatWest) who have all worked very well together to ensure this transaction was completed on time.” Adrian Carr said: “Firstly I would like to personally thank Mark, it has been an absolute pleasure working side by side with you over the last 7 years, we have gone through ups and downs within the business but we have always come out at the end smiling. “We have pushed our limits to the highest standards to help set the foundations for CTW for many years ahead. I wish Mark a very happy retirement and wish you good health for the future. “Also, I want to thank Rory Conwill at BRM, Jack Ware from Hawsons & NatWest for completing the transaction on time.” Hawsons Corporate Finance Director, Jack Ware said: “It has been an absolute pleasure to work with Adrian and Mark again following the MBO in 2018. CTW Hardfacing has gone from strength to strength since the MBO in 2018 increasing its turnover and profitability driven by the hard work of Adrian and Mark. “I have every confidence that CTW Hardfacing will continue its success following this MBO. It has been a pleasure to work with all parties involved.”
Rory Conwill, Corporate Director at BRM, said: “My colleagues and I are very pleased to have supported Adrian and Mark on this transaction. CTW Hardfacing is a high-quality, Sheffield-based business, and I wish Adrian and the wider CTW Hardfacing team every success for the future.”