Equity investment at precision engineering company

Alpenbury Precision Engineering Ltd, a specialist precision engineering business based in Rotherham, has secured a six-figure equity investment from UKSE.

The company was established in 1974, specialising in providing engineering solutions to a range of customers across a variety of sectors.

Its primary focus is on the production of critical machined components and gears.

These products are widely used in rolling mills, foundries, forges, rubber mills, cranes, agriculture and in the preservation of vintage and historical equipment.

The investment has facilitated the buy-out of a joint shareholder and provides the foundations for the next stage in the company’s evolution and growth, with managing director, Chris Robinson, becoming the majority owner and UKSE acquiring a minority stake.

Robinson has worked at the company for 17 years, starting as a works manager, and originally became joint owner following the unfortunate loss of his former colleague and previous owner at Alpenbury.

The equity investment from UKSE – an organisation which helps businesses in former steel areas with investments, loans and premises – was initiated through an introduction by accountant Mike Smith who produced the financial forecasts.

The company’s accountant, Mark Smallman at Brearley & Co Accountants, provided business planning and advisory services, while Alex Ross at Bell and Buxton completed the legal work.

Robinson said: “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 happy 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’s passion for the company and his craft is clear to see and I look forward to working with him and the team moving forward.”