Nene Capital Announces Strategic Acquisition of Acegate Manufacturing Ltd

CORBY, UK. April 23rd, 2024 – Nene Capital, a long term investor in small and medium-sized enterprises (SMEs), is proud to announce its latest acquisition, Rochdale based Acegate Manufacturing Ltd; specialists in manufacturing from light gauge sheet metal and tubular section. This acquisition marks a significant addition to Nene Capital’s long-hold portfolio, underscoring its commitment to delivering growth and driving value across its investment portfolios. 

Acegate Manufacturing Ltd, with its sterling reputation for producing top-tier, precision-engineered products, aligns perfectly with Nene Capital’s ethos of investing in businesses that demonstrate robust growth potential and operational excellence. Specialising in providing precision sheet metal manufacturing solutions across various sectors, Acegate’s expertise in high-precision fabrication and commitment to quality positions it for accelerated growth and market expansion under the guidance of Nene Capital. 

Commenting on the acquisition, Stephen Bayliss, Managing Director of Nene Capital, said: "We are excited to welcome Acegate Manufacturing Ltd into portfolio 1. This acquisition is a testament to our investment philosophy of fostering sustainable growth in companies that not only lead in their respective fields but also have the potential to innovate and scale. With Nene Capital’s resources and strategic support, we are confident that Acegate will achieve new heights of success." 

Simon Stringer, Finance Director of Nene Capital commented: “Acegate has demonstrated long-term reliable trading success and sustained value generation.  It is another business we are proud to include in our long-hold strategy underlying our financial fundamentals and goals” 

Nene Capital is poised to work closely with Acegate’s management team to build on the strong foundation. 

This acquisition reflects Nene Capital’s continued commitment to investing in companies with the potential for significant growth and long-term value creation for stakeholders. 

The transaction was supported by the corporate deal team at solicitors Howes Percival LLP.

ENDS