NorthEdge makes additional investment in FPE

The fresh capital will be used to relocate the business to Orion Business Park in Stockport, which has a 2,800 square metre production facility. The move is designed to support FPE's plan to expand its services offering.

Previous funding
NorthEdge acquired a majority stake in FPE in February 2013.

Company
Founded in 1982, Stockport-based FPE develops bespoke materials-handling processing systems with applications in a range of end markets including sugar, cement, chemicals and energy from waste.

The business provides engineering solutions to a client base both in the UK and internationally.

People
Ben Howard is CFO of FPE. Phil Frame is an investment manager at NorthEdge and non-executive director of FPE.

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• Topics
• Expansion
• UK / Ireland
• Industrials
• NorthEdge Capital