Ardenton Investment Helps PP Control & Automation Deliver A Record £26m Year
- Published: Thursday, 19 December 2019 14:02
A strategic manufacturing outsourcing specialist is on course for a record year after increasing annual sales to £26m - just 12 months on from attracting investment from Ardenton Capital.
PP Control & Automation has seen demand for its solutions continue to rise against a backdrop of economic uncertainty, with the West Midlands-based firm now working with over 25 of the world’s largest machinery builders.
The company, which employs more than 220 people at its 5,500 sq metre facility, delivers added value design, engineering and complex assembly to clients involved in aerospace, food processing, machine tools, packaging, printing and advanced technologies.
With renewed financial backing from the Canadian-based investor, PP C&A has added £3m of turnover over the last twelve months and is now exploring the possibility of future acquisitions and a joint venture to establish a manufacturing footprint in North America.
It has also strengthened its senior management team, with the strategic appointment of Stewart Robertson as Head of Finance and Garry Myatt as Sales Director.
“We are very pleased with how the last year has gone, especially when you consider we have had to overcome Brexit uncertainty and global trade wars,” explained Tony Hague, CEO of PP Control & Automation.
“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.”
He continued: “Ardenton Capital’s involvement has been key to this expansion. It has only been a year, but the financial support and advice has given us the additional impetus to attack new opportunities and make two key appointments.
“Stewart and Garry both bring with them significant corporate experience and strengthens our senior management team ahead of a 5-year growth plan that will see us target £40m.”
Without knowing it, PP C&A touches all of our lives, whether that is in the supply of fresh milk, keeping your mobile phone dry, bagging your crisps or helping your favourite F1 team perform well in Monaco!
Its strategic outsourcing partnerships provide machine builders with better production flexibility, reduced lead times and greater control over their supply chain and costs.
Tony concluded: “We give our clients the confidence to focus on what they do best and that is an approach that is really paying off.
“Increasingly we are getting involved in the early stage development of new technology with our ‘design for manufacturing’ expertise helping them to speed up product to market and increasing machine customisation.
“In order to deliver world class manufacturing performance, we need to ensure our own internal processes are working and we have invested heavily in our people and new technology to deliver 99.2% delivered quality.
“That’s outstanding when you consider we manage a supply chain that contains 13,000 part numbers and 500 different suppliers.”
PP Control & Automation is a founder member of the Manufacturing Assembly Network (MAN), a collective of eight manufacturers and a specialist engineering design agency.
The group, which enjoys more than £150m sales and employs over 1600 people, can offer every engineering discipline imaginable, including automation and control systems, forging, plastic injection moulding, PCB development, precision machining, high-volume pressings and welded assemblies.