Belgrave & Powell Ltd, a specialist engineering services group, working in conjunction with Realta Consulting and Strala Investments, has acquired the business and assets – including all IP and goodwill – from Rochdale-based Trufab Ltd. All 29 employee jobs have been retained, and the new business will continue the 30 years of trading from incorporation in 1990. Operating from the same 68,000 sq ft facility, the business will now trade under the name Trufab Technologies Ltd. The terms of the transaction were not disclosed.
Trufab is a supplier of stainless steel fabrication components to the food, pharmaceutical and machine-building industries. Paul Ward, a partner in Belgrave & Powell, will lead the company as part of Belgrave & Powell’s Machine Technology Group. He says: “Trufab will form a key part of our UK manufacturing growth plans in stainless steel fabrication for specialist applications and we look forward to growing this business into adjacent sectors within our complementary customer base.”
For further information www.belgrave-powell.com