Chesterfield manufacturer snaps up Sheffield counterpart

BG Engineering's headquarters in Chesterfield

Chesterfield-based BG Engineering has bought Sheffield’s Pentag Gears and Oilfield Equipment in a deal which will create a £7m-turnover firm.

Pentag has been operating for over 100 years and designs and manufactures gearing for bespoke projects. As part of the deal, Martin Wragg and Andrew Larkin will remain with the combined business as it locates to the 40,000 sq ft BG facility at Holmewood, Chesterfield.

The deal comes on the back of Cooper Brown Enterprises’ (CBE) acquisition of a stake in BG in April 2017 which was then followed by the acquisition of NiTEC Engineering Limited in August.

Marie Cooper, director of CBE, said “The opportunity to acquire the Pentag business will allow BG to grow and the acquisition of the complimentary skill base at Pentag will allow us to continue to invest in infrastructure and staff to deliver further growth in existing and new markets.”

Pentag was advised on the disposal by Andy Ryder and Ellie Wilcockson of Shorts Chartered Accountants with legal advice provided by John Baddeley at Wake Smith. BG was advised by Steve Bell and Lisa Ritson of Castle Square Corporate Finance with legal advice provided by Paul Trudgill and James Burdekin of HLW Keeble Hawson.

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