Robotics specialist reveals plan to double turnover and boost workforce after private equity backed MBO
Robotics specialist Sewtec is aiming to double turnover to £32m in five years as the company pushes ahead with a growth plan following a management buyout last year backed by private equity firm Endless.
The Dewsbury-based high technology company designs and manufactures factory automation systems for global blue-chip clients in the food, pharmaceutical, personal care and tobacco industries. More than 85% of its sales are to export markets.
In the first three months of 2018, Sewtec secured £10m of orders from customers bas... For the full story register now for free or login below...