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NorthEdge-backed FPE Global acquires JWP

Private equity-backed materials handling firm FPE Global has acquired mixing technology specialists JW Process Equipment.

Founded in 2016 by engineering entrepreneur James Winkworth, JWP provides mixing technology and processing solutions to customers across a range of process industries.
 
Based in Surrey, the company has a team of industry experts all of whom will be transferred to FPE Global as part of the deal.
 
Headquartered in Manchester and employing more than 60 staff, FPE Global focuses on the design, manufacture and servicing of materials handling solutions into numerous industry sectors around the world. The company was backed by private equity firm NorthEdge Capital in 2013 and is on track for sales of GBP16 million by 2017.
 
The acquisition will extend the portfolio of products offered by FPE Global to include a variety of mixing solutions, enabling the firm to offer true turnkey, value added solutions to its target markets and customers. It will also provide JWP with full access to FPE Global’s application specialists and its 30,000 sq ft manufacturing facility. These additional resources will enable JWP to increase its capacity to service UK and overseas customers for mixing technology.
 
As part of the integration, FPE Global’s UK test facility will be further strengthened to offer full scale materials handling and mixing capabilities for use by its customer base.
 
The deal is the first in a number of strategic acquisitions planned by the business.
 
David Cooper, CEO at FPE Global, says: “The addition of mixing technology to our business will significantly enhance our portfolio of products. Operationally, there are excellent synergistic opportunities to support JWP in further expanding its customer base and volume.
 
“From a customer perspective, the acquisition allows FPE Global to provide a compelling alternative to UK and overseas customers through the design, supply and servicing of turnkey materials handling and processing solutions.”

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