West Yorkshire’s kadops acquires Bradford-based Panda Engineering
West Yorkshire firm kadops Holdings Ltd has acquired Bradford-based Panda Engineering (BFD) Ltd.
Panda Engineering, a precision machining and fabrication workshop, was founded 20 years ago and today employs a team of 14.
kadops Holdings Ltd is the parent company of kadops management consultancy, set up just two years ago by Kieran Doyle and Kirstie Allenby.
Based in Batley, kadops supports manufacturing businesses and their funding partners by providing advice on financial, commercial and operational matters along with pre-investment due diligence.
A number of Yorkshire-based advisers supported the deal, among them Caitlin Johnson and Avril Mullin of Leeds law firm Clarion, and Ian Cotton and Catherine McGorrrigan from Aldermore Bank PLC.
Kieran Doyle, partner at kadops, said: “With our extensive experience of supporting the manufacturing sector, we believe we can add real value to the Panda Engineering business.
“Peter Hobson has built a fantastic firm with a committed and skilled team and we want to take it to the next phase of its development.”
He continued: “Traditionally, the business has focussed on serving local food and construction industries, but we plan to use our knowledge to explore opportunities in other markets such as oil and gas, and hydraulics.
“This acquisition perfectly fits our consultancy model and our plan is to guide and support the existing leadership team, empowering them to grow the business and realise its potential.”
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