No Result
View All Result
Business Crack
  • News
  • People
  • Big business
  • Northern Lights
  • Jobs
  • Property
  • About us
  • Our partners
  • Contact us
Business Crack
  • Home
No Result
View All Result
Business Crack
No Result
View All Result
Home Latest

Management buyout for Tweddle Holdings

Business Crack by Business Crack
November 11, 2024
in Latest, News
0
Share on FacebookShare on Twitter
Two men shaking hands in warehouse

Tweddle Holdings and its subsidiary holdings have been acquired in a management buyout.

Managing director Joe Watson assumed ownership of the Kirkbride-based firm on October 30 and said he, the management team and skilled workforce were set to lead the companies into a new chapter.

The deal includes Tweddle Fabrications, Cumbria Profiling, Timbertex, The Space Station Storage, and their joint venture stake in Timber Treatment Solutions.

Founded in 1989 by Derek and Andrea Tweddle, Tweddle Fabrications has grown into a well-established design, engineering, and manufacturing company, providing steel fabrication and custom machinery solutions to clients locally, nationally, and internationally.

Tweddle Fabrications also encompasses the Agriquip and Duraquip brands. Cumbria Profiling, launched in 2000, has become a reliable provider of laser, plasma, and flame-cut parts, serving a diverse range of engineering firms across the UK.

Mr Watson said: “These firms have been a key part of the Kirkbride community for over 35 years and have recently expanded through their joint venture Timber Treatment Solutions.”

This venture, in collaboration with French company Métallerie du Sud Lorrain (MSL), delivers advanced timber preservation equipment to construction, wood products, and landscaping sectors.

The joint venture through Timber Treatment Solutions is a key part of a long-term growth strategy focused on expanding global sales, with a particular emphasis on Europe, Scandinavia, and emerging markets in North and South America, as well as Eastern Europe.

Group of warehouse workers posing for a photo.

Combining over 60 years of expertise, MSL and Tweddle Fabrications specialise in the design and fabrication of automatic dipping tanks, pressure treatment plants, and incising machinery under the Excalibur brands.

Derek and Andrea’s decision to retire and transfer ownership to the management team aligns with their intent to focus on other ventures.

The business has shown consistent growth since the pandemic, and the team is committed to building on this momentum.

Derek said: “This decision was made with the future of Tweddle Holdings and its dedicated team in mind. After 35 years, we felt it was time to pass the baton. The management team presented a clear vision, and we’re excited to support them as they move the business forward.”

Joe, who has been with the company for nearly 20 years, added: “We have an exceptionally talented team, and we’re eager to lead the business into the future. We’ve developed strong, lasting relationships across sectors, and we’re enthusiastic about both strengthening these partnerships and establishing new ones.

“Our combined experience and dedication will undoubtedly propel us to new heights.”

Tags: Manufacturing
Business Crack

Business Crack

Business Crack is the voice for the Cumbria business community. Brought to you by the team behind Cumbria Crack, we are first for news and opinion.

Have you read?

Mike Parker with WCF’s head of people strategy, Karen Kelson
Latest

WCF worker celebrates 50 years with firm

Latest

Young Cumbrian business brains bring ideas to life

Dianne Richardson, Callum Hyslop and Connor Hickey
Latest

Cumbria’s potential as national AI centre of excellence

Above: SLH Housing & Communities Committee members - From left to right Charlie, Geoff, Alison, Chelsea, Karl, Pam, Peter, Sue & Pauline.
News

South Lakes Housing gains national tenant engagement accreditation

The Quiet Site team
Latest

Lake District holiday park named as UK’s most sustainable family business

Latest

System People Recruitment named as part of national framework

Stay connected

Popular Posts

  • £55m contract to resurface roads awarded to Carlisle firm

    1522 shares
    Share 609 Tweet 381
  • Fast-growing Cumbrian firm takes on 14 new staff

    1104 shares
    Share 442 Tweet 276
  • Cumbrian SME secures long-term Sellafield contracts 

    1021 shares
    Share 408 Tweet 255
  • Leading Cumbrian estate agents moves away from high street

    865 shares
    Share 346 Tweet 216
  • Milestone for Sellafield’s newly opened facility

    813 shares
    Share 325 Tweet 203

33 Middlegate
Penrith
Cumbria
CA11 7SY

Phone: 01768 862313
Email: [email protected]

Registered in England as Barrnon Media Limited. No: 12475190
VAT registration number: 343486488

Explore

  • News
  • Northern Lights
  • People
  • Property
  • Big business
  • Expert opinion
  • Jobs

Useful links

  • Contact us
  • About us
  • Article Submission

Follow us on

The Bulletin - our weekly newsletter

Keep up to date with our newsletter

Our regular email will keep you up to date with the latest business news for Cumbria

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

© Barrnon Media Limited 2023

  • Home
  • About us
  • Contact us
  • Terms & conditions
  • Cookie Policy
  • Privacy Statement
  • Disclaimer
This website and its associated newspaper are members of the Independent Press Standards Organisation
No Result
View All Result
  • Home
  • News
  • Northern Lights
  • People
  • Big business
  • Expert opinion
  • Jobs
  • Property
  • About us
  • Our partners
  • Contact us
  • Article Submission
  • Legal
    • Cookie policy
    • Terms & conditions
    • Privacy policy

© 2023 Barrnon Media - Building Better