Sewtec Automation looks to expand after MBO

Robotics specialist Sewtec Automation has completed a management buyout, backed by private equity firm Endless, as it looks to expand into new markets.

Based in Yorkshire, UK, Sewtec Automation is a £22 million-turnover business, which designs and engineers automated manufacturing and packaging systems for various sectors including confectionery, food, pharmaceutical, personal care and tobacco. Exports make up 85% of its sales.

By investing in research and development and attracting, training and retaining industry engineers, the company believes it is well placed to capitalise on the trend of increased automation in manufacturing.

Andrew Ross, director at Endless, says, “For a business of its size and location, Sewtec has an impressive list of multinational customers which trust and respect its team of highly skilled engineers to come up with innovative solutions to some very difficult problems.

“It is an inspirational Yorkshire success story and as a private equity house with headquarters in Yorkshire we are delighted to be supporting the management team at Sewtec with the next stage of its development.”

Sewtec’s management team Gary Day, Karl Conqueror and Paul Johnson led the buyout with the backing of Endless to help the business grow and expand into new markets.

Johnson notes, “We have developed together a sustainable growth strategy that will allow the business to flourish further, while making sure that our employees remain engaged, satisfied and aligned with our vision. Working with Endless ensures the business can operate in the future with the financial security that it has enjoyed in the past.”

Bernard Meehan will remain as a consultant.