Sertec stamps its expertise
Sertec specialises in manufacturing stampings and welded assemblies, traditionally to the Midlands’ automotive industry. The Coleshill manufacturer is a supplier to Jaguar Land Rover (JLR), producing more than three million parts per week. The business celebrates its 50th year this year.
In February 2016, Sertec accepted a £15 million investment from BGF to support the launch of its new press shop and to help JLR roll-out new vehicles such as the Discover Sport and Jaguar XE.
Two months later, the company wanted to enhance its product portfolio and increase its manufacturing footprint. With BGF’s support, Sertec agreed a deal to buy Wild Automotive which enabled the company to do both.
Here, Sertec chief executive Grant Adams and BGF investor Ian Downing explain to Tamlyn Jones, of the Birmingham Mail, how these two investments are spearheading another half century of growth:
Business funding news
BGF invests £10 million in specialist engineering company, Polar Technology
BGF has announced a £10 million investment in Polar Technology, an Oxfordshire-based business which manufactures high-performance carbon and metal components…
BGF invests £14m in tech-led procurement business Bloom
BGF has invested £14 million in Bloom (Bloom Procurement Services), based in the North East and headquartered in Gateshead. Bloom…