Bergman & Beving has acquired an 80% stake in Orbital Fabrications, a leading gas handling systems manufacturer, to enhance its portfolio and drive profitable growth.
Target Information
Orbital Fabrications Limited, based in Cambridge, is a prominent manufacturer specializing in components and systems for the handling of gases that require high cleanliness standards. With a dedicated workforce of approximately 80 employees, the company boasts an annual turnover of around £14 million and demonstrates strong profitability. On December 18, Bergman & Beving acquired an 80% stake in Orbital, marking a significant transition for the company.
The shareholders, siblings Ian Pearson, Phillip Pearson, and Susan Scrivener, expressed their enthusiasm about joining the Bergman & Beving family, indicating that they anticipate enhanced growth opportunities supported by a reputable owner. Notably, the Pearson brothers will retain minority shares in the business, ensuring continuity and ongoing involvement in Orbital's future.
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Industry Overview
In the United Kingdom, the manufacturing sector, particularly in niche markets such as gas handling systems, has been experiencing gradual growth, driven by increasing industrial and technological
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Disclosed details
Transaction Size: $12M
Revenue: $17M