Dundee automation company completes MBO
Published: 11 December 2017 - Sarah Mead
SP Technology, a Dundee based automation company, has recently completed a management buy-out (MBO) by two employees, including the company’s first ever apprentice.
Roy Henderson, managing director, joined SP Technology when leaving Menzieshill High School as an apprentice over 31 years ago. He was joined by colleague Lee Nixon, who started as a project design engineer 17 years ago, to successfully carry out the MBO from its two founding directors, Rod Chisholm and Allan Morrison.
Lee Nixon, technical director commented: “This is a key milestone for SP Technology and a moment or pride for myself and Roy. Manufacturing is a fast paced industry and we have seen the company grow and evolve over the years. Recent advances in automation and robotics makes this a very exciting time in the industry. We have a loyal and highly skilled team, and we look forward to developing our capabilities and service.”
The company has also embarked on partnerships with Universal Robots and ABB machine loading. The Universal Robot partnership allows SP Technology to provide clients with robotic systems that can work safely and unguarded, alongside operators for machine loading and product manipulation. At the other end of the spectrum, the ABB partnership, allows them to offer a solution to high volume manufacturing by enabling robotic machine loading systems to feed and load challenging products that would otherwise be difficult to handle.
Roy Henderson, managing director commented: “Since starting as an apprentice over 31 years ago, I can honestly say that no two projects have ever been the same. What makes us different is our ability to look at manufacturing problems and solve them with a clean sheet approach.
“We are currently designing and manufacturing machines that: automatically process contact lenses, assembly of domestic air fresheners, assembly and testing of pharmaceutical devices and complete processing lines for automotive parking aid devices. This is to name just a few. These are all completely bespoke solutions to very real challenges faced by our clients. The potential for our engineering is limitless and very exciting. I’m proud to be working alongside Lee to develop SP Technology in the years to come.”
For more information visit: www.sptechnology.co.uk