PECM Issue 48 2021 | Page 84

Deritend eyes £ 1m revenue boost after signing IESA partnership

NEWS & EVENTS LATEST NEWS FROM DERITEND

DERITEND
Deritend eyes £ 1m revenue boost after signing IESA partnership
A leading engineering solutions provider has been announced as a preferred supplier to IESA in a deal that could be worth up to £ 1m per year .
Deritend Group , which recently completed a major relocation project to larger facilities in West Bromwich , has completed the quality assurance exercise required to be listed in the Motor and Gearbox category .
This means the firm will now be part of the global outsourcing specialist ’ s central list of suppliers that companies like Astra Zeneca , Bentley , 2 Sisters Food Group , Michelin and Molson Coors use for their maintenance , repair and operational ( MRO ) requirements .
It is the result of a year-long discussion , a number of assessments and the creation of a specialist team to respond to enquiries within 24 hours and provide immediate technical support and access to industryleading equipment and solutions .
Richard Hale , CEO of Deritend Group , commented : “ This is a big moment for our business and one that will hopefully lead to lots of new opportunities for us across multiple sectors .
“ It ’ s a really good fit as IESA is looking to offer move than just products and want suppliers who can deliver solutions , something we are experts in . Our experience in motors , gearboxes and pumps is second to none and we have a team of engineers ready to meet emergency repair requirements and provide advice on getting the most out of these vital pieces of equipment .”
He continued : “ We estimate that it will be worth £ 1m in our first year and comes on the back of a very busy period for us , with the relocation of our Midlands operation to West Bromwich underway and a number of new framework contracts secured .”
Deritend is firmly established as one of the UK ’ s leading providers of engineering solutions , including the repair or replacement of electric motors pumps , gearboxes , electronic controls and induction equipment .
The company stocks industry-leading brands , including David Brown , Radicon , Siemens , TEC and WEG and also provides services ranging from condition monitoring and asset management to machine shop and fabrication .
84 PECM Issue 48