Dyer Engineering
Deal Type
Growth Capital
Initial Investment
January 2019
Sector
Industrials & Engineering
Fund
Growth Capital
Status
Current
Dyer Engineering specialises in the machining and fabrication of complex metalwork and components for the rail, marine, power, automotive and offshore sectors. The company operates three distinct divisions: BatchLine which manufactures high-integrity metal components for the automotive and rail sectors; TechProjects which fabricates complex, larger structures, from design concept to production for the oil and gas and renewable energy sectors; and JobShop which provides repair and maintenance engineering services to support clients with their in-house manufacturing and process operations.
Maven backed the business with investment through the North East Development Capital Fund and Finance Durham Fund.
This investment is a rubber stamp of our plan and will allow us to turbo charge the business’ progression over the next few years towards our goals.
Graeme Parkins, Managing Director of Dyer Engineering