NorthEdge invests further £1m in FPE Global

The new test centre will enable the business to carry out trials for customers.

The fresh capital follows on from NorthEdge's additional investment in the business in October 2015, which was used to fund FPE's relocation to Orion Business Park in Stockport.

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

Company
Founded in 1982, Stockport-based FPE is a specialist engineering business, which 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 services to a client base both in the UK and internationally.

People
FPE Global – Jeremy Booth (sales director).
NorthEdge Capital – Phil Frame (investment manager).

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