Equity Investment at Rotherham Specialist Precision Engineering Company.
Alpenbury Precision Engineering Limited, a specialist precision engineering business based in Rotherham, has secured an equity investment from UKSE.
Alpenbury Precision Engineering Ltd was established in 1974, specialising in providing bespoke engineering solutions to a broad range of customers across a variety of sectors. It prides itself on its precision engineering expertise and commitment to quality, with a primary focus on the production of critical machined components and gears.
The investment has facilitated the buy-out of a joint shareholder and provides the foundations for the next stage in the Company’s continued evolution and growth, with Managing Director, Chris Robinson, becoming the majority owner and UKSE acquiring a minority stake.
The equity investment from UKSE – an organisation which focuses on helping businesses in former steel areas with investments, loans and premises – was initiated through an introduction by accountant Mike Smith who produced the financial forecasts.
Chris Robinson commented on the transaction: “We are excited about the future of Alpenbury and grateful for the support from UKSE.
“This investment not only secures our future aspirations but also strengthens our commitment to our valued customers and the local community by creating new opportunities and continuing Alpenbury’s legacy.”
Pete Newton, Regional Executive at UKSE, said: “We are delighted to be able to support Alpenbury at a pivotal moment in its history.
“For UKSE, the opportunity to assist in the preservation of the tacit knowledge and skills embedded within local industry through the creation of highly-skilled jobs encapsulates the key motivation behind our investments.
“Chris’ passion for the Company and his craft is clear to see and I look forward to working with him and the team moving forward.”
UKSE provides loans and equity finance of up to £1.5m to existing growing businesses, particularly those creating jobs – for further information, please contact the team on 0114 2700 933.