Wainwright and Gibson gears up for growth following MBO

NORTH West engineering firm Wainwright and Gibson is gearing up to go green following a management buyout at the group.

The company, which was founded in Merseyside almost 50 years ago, has been bought in a secondary buyout by directors Gary Dawson and Tony Lynam who have ambitious expansion plans for the firm.

Gary led the original buyout in 2007 when the business was acquired from construction giant, Carillion.

The new deal, for an undisclosed sum, sees Tony, who has vast experience in the manufacturing sector, joining Gary at the helm.

Wainwright and Gibson, which is Wirral-based, manufactures and distributes motors, pumps and gearboxes to a number of industries including automotive, aerospace, nuclear and manufacturing as well as to a wide range of major blue chip companies.

Turnover is projected to top the £2m mark in the next financial year, and the company is looking at acquisition opportunities as well as planning to take on more engineers.

The group also provides one of the most comprehensive and efficient customer service and repair facilities in the industry, which is available to customers 24 hours-a-day, seven days a week.

As part of its expansion, Wainwright and Gibson has linked-up with the Carbon Trust to help customers reduce their energy bills and cut carbon emissions by installing energy efficient motors.

Gary says: “There are a number of government incentives available to companies to install energy efficient motors including interest free loans through the Carbon Trust.

“The manufacturing sector wastes a huge amount of energy, and while there is a perception that new motors are very capital intensive, return on investment can be as quick as eight months.

“We have some excellent, industry leading products that can save companies up to 50% off their annual energy bill.”

Tony added: “I am delighted to join Gary at the helm of Wainwright & Gibson. The company is one of the most respected in the engineering sector, and I am looking forward to further consolidating our position as leaders in the industry.”

Wainwright and Gibson, which will soon be celebrating its 50th birthday, is being advised on its expansion by the entrepreneurial services team at Manchester law firm, Pannone.
 
Kay Kennedy, head of entrepreneurial services and senior associate, said: “Wainwright and Gibson has an unrivalled reputation in the marketplace.

“The company has a solid platform from which to fulfil its growth aspirations and we are delighted to be assisting Gary and Tony with their expansion plans.”