Belgrave & Powell, a specialist engineering services group, has acquired 100% of the shares of Birmingham-based Sharpe Tooling Ltd. The acquisition will form part of Belgrave & Powell’s Machine Technology Group (MTG) in Preston. Sharpe Tooling, which specialises in bend die tooling, has relocated to Preston with the creation of six additional jobs in high-precision toolmaking and further investment by the group in capital equipment. The acquisition, the terms of which are undisclosed, represents the 5th SME deal by Belgrave and Powell within the past 18 months.

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