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Pioneering engineering company acquired

Posted on 29 May 2024 by Tony Miles and read 365 times
Pioneering engineering company acquiredGraham Edden, left, and Pat Farrell, the new owners of Brewis Engineering

A specialist manufacturing company which supplies trenchless technology equipment to sectors including water, oil and gas has been bought out for an undisclosed sum by business partners Graham Edden and Pat Farrell. The acquisition of Somerset-based Brewis Engineering has been supported with financial backing from WeDo Business Services.

Brewis specialises in the design, development and manufacture of equipment for the trenchless technology industry worldwide and its products are used in the laying of pipes and cables in the water, oil and gas and utility sectors. The company was founded in 1984 by Rod Brewis in his garden shed where he invented the Brewis towing head to pull pipes ranging in diameter from 25 to 900mm. Other products in the Brewis portfolio include high-flow transmitter housings, directional drilling swivels with a pullback capacity of up to 550 tonnes, along with cable swivels.

The firm, which has 16 staff and is based at 10,000ft2 premises on the Marston Trading Estate in Frome, exports across Europe, the USA and Canada as well as to New Zealand and Australia, the Middle East, Asia-Pacific, South Africa and India.

Following the buy-out, Graham and Pat have become managing director and commercial director of Brewis respectively. Pat has spent most of his working life in the trenchless and construction industries, while Graham is a seasoned investor and business leader who has built and run companies across a variety of sectors, including automotive, hospitality and waste management.

The deal provides an exit for Mr Brewis and his wife Sheila, who was company secretary, while Paula Fitch has retired as commercial director and operations director Michael Rudd will remain with the business.

Mr Edden said: “Brewis Engineering is renowned and respected throughout the world for its innovative, market-leading products. Rod and the team have laid a tremendous platform for us to build on and capitalise on the opportunities for growth, especially in the USA but also in other territories.

“With the help of our loyal workforce, we are looking to expand our manufacturing capacity and develop new products to provide sustainable growth over the coming years. Some of the staff have been with the company for more than 25 years, having served their apprenticeships with us, and there is a wealth of knowledge, skillsets and ideas among the team for us to harness and achieve our goals.

Rebekah Middleton, Brewis Engineering story“We have some of the best engineers in the world here in the UK. The country’s design and manufacturing sector has a bright outlook despite the challenging economic headwinds, and we are proud to be playing our part in flying the flag.”

Rebekah Middleton (pictured right) and Jim McDonnell at WeDo Business Services arranged a funding package to help facilitate the buy-out. The WeDo group has its headquarters in Greater Manchester and additional offices nationwide. It provides invoice and trade finance, asset finance, loans and start-up funding to a growing client base, as well as accountancy, HR, back-office and IT services.

Ms Middleton said: “We were pleased to provide a package which enabled Graham and Pat to swiftly complete the acquisition once they engaged us. The founders and vendors, Rod and Sheila Brewis, have traded very successfully for 40 years and we wish them, Graham and Pat and the entire team all the very best for the future.”

Mr Edden concluded: “Rebekah and Jim did a fantastic job in helping us to successfully complete the transaction. They were thorough, and moved mountains to get things done. We are excited to be taking a prestigious brand in the trenchless technology sector forward, using our extensive business and sector experience to support our customers and seize new opportunities.”