Chesterfield manufacturer snaps up Sheffield gearing maker
BG Engineering, the Chesterfield manufacturer of machined components, has acquired Pentag Gears and Oilfield Equipment; a designer and manufacturer of gearing.
The deal means BG will extend its range of machining services to existing customers and develop new market opportunities in gear cutting.
Sheffield-based Pentag, which has been operating for more than 100 years, will relocate to BG Engineering’s premises in Holmewood, Chesterfield.
Marie Cooper, financial director at Cooper Brown Enterprises – which owns BG Engineering, said: “Pentag has built its reputation on over a century of high quality manufacturing expertise in bespoke gearing projects. There are great synergies between the two businesses, which are both focused on the machining of often quite complex, bespoke products. Pentag will benefit from being part of a larger group with added value management expertise to support the company’s technical capabilities, with a view to driving forward business growth.”
She added: “The acquisition means we will be increasing our machining capacity and offering shorter lead times, which will enhance our service to customers.”
Cooper Brown Enterprises (CBE), owned by Marie Cooper and Chris Brown, invested in BG Engineering in 2017. BG Engineering is also co-owned by managing director, Anthony Holmes and business development director Shane Greveson. In August 2017, CBE also acquired a controlling stake in NiTEC Engineering and Spire Laboratories.
