PECM Issue 42 2020 | Page 96

NEWS & EVENTS CONTINUED GROWTH DERITEND £1M SALES BOOST DELIVERS A PERFECT 121ST BIRTHDAY PRESENT FOR DERITEND One of the UK’s leading providers of engineering solutions is celebrating a major birthday in style after announcing a £1m boost in sales and creating eleven new jobs. Deritend Group, which looks after the repair and replacement of electric motors, pumps, gearboxes, electronic controls and induction equipment, is 121 years-old in 2019 and has marked the big anniversary with a string of new contracts with clients involved in utilities, food processing and the automotive sector. The Wolverhampton-headquartered company has come a long way since it started out as a small electrical maintenance business in London in 1898, primarily repairing street lighting in and around the capital. Today, it employs 110 people across four locations in the Black Country, Luton and Middlesbrough and, thanks to the clutch of recent wins, is on course to post £11m annual sales. 96 PECM Issue 42 “121 years in business is a fantastic achievement, especially considering all of the different economic changes and some really bad recessions,” explained Richard Hale, Managing Director of Deritend Group. “We have acquired companies, we have sold firms and we have moved sites on numerous occasions – throughout all of this we have always stayed true to our founding principles of being small enough to care, but large enough to cope.” He continued: “This approach, combined with investment in modern facilities and our people, means we are able to offer our customer a proactive repair and maintenance service for their critical assets, helping them minimise the downtime, decrease the costs and maximise the productivity of equipment.” Deritend, which was acquired by Richard and his management team in 2001, plays a critical role in ensuring we have clean water in our homes, production lines meet just-in- time requirements and society has a regular supply of food. A fully equipped fabrication operation in Middlesbrough and a skilled team of engineers located strategically across the UK continue to support customers ranging from Severn Trent/Thames Water and JCB to British Steel and Mondelez International, who own Cadbury. Over £750,000 has been invested in new equipment, recruitment and upskilling its workforce over the last twelve months, with plans in place to relocate its Wolverhampton site to West Bromwich by the start of 2021. “Many people will never know their lives have been touched by Deritend or our engineers,” added Dave Booth, Regional Director.