Canadian funding boosts PP Control & Automation
Posted on 13 Jan 2020 and read 788 times
West Midlands-based PP Control & Automation (PP C&A), a strategic manufacturing out-sourcing specialist, is on course for a record year after increasing its annual sales to £26 million — just 12 months on from attracting investment from Canadian-based private equity firm Ardenton Capital.
The company has seen demand for its solutions continue to rise against a backdrop of economic uncertainty, and it is now working with over 25 of the world’s largest machinery builders.
Employing more than 220 people at its 5,500m2
facility in Walsall, PP C&A undertakes design, engineering and complex assembly work for customers in a wide variety of industry sectors, including aerospace, food processing, machine tools, packaging and printing.
With the financial backing of Ardenton, the company has added £3 million of turnover over the last 12 months, and it is now considering acquisitions and a joint venture to establish a manufacturing presence in North America.
It has also strengthened its senior management team, with the appointment of Stewart Robertson as head of finance and Garry Myatt as sales director.
PP C&A CEO Tony Hague (www.ppcanda.com
) said: “We are very pleased with how the last year has gone, especially when you consider that we have had to overcome Brexit uncertainty and global trade wars.
“Over 10% growth has been achieved, and we are delighted with how we have been able to win contracts in new markets, with automotive electrification a major breakthrough for us.”