Sector Focus

Laser service sets sights on expansion

Thursfields Solicitors has helped a fast-growing Black Country business take on more space as it prepares to continue its expansion plans. High Speed Lasers Ltd in

Stourbridge offers a sub-contract laser cutting and metal folding service to a growing number of clients across the UK manufacturing sector, predominantly in the automotive and aerospace industries. The business was founded by

director and shareholder Simon Wyatt in 2007 and has experienced sustained growth over the years, now employing 40 staff, with a turnover of approximately £6 million. Stewart Coles, a senior associate

in Thursfields’ commercial property department, said: “High Speed Lasers operates from a 20,000 sq ft facility on LCP’s Stourbridge Estate, and has now taken a ten year lease on an additional 2-bay unit in the same block. “This has given them a further

22,000 sq ft, more than doubling the space available to them, and we also dealt with an extension of the lease on their existing premises.” Simon Wyatt of High Speed

Lasers Ltd said: “We are now investing in new machines which will enable us to offer new products and services, both to our existing customers and to attract new business. “High Speed Lasers is intending

to continue to grow and thrive, despite the current situation, and this new financial commitment, with the rent on the new units over £115,000 per annum alone, shows our confidence.” “Stewart Coles at Thursfields

Solicitors immediately understood our plans and his expert advice enabled us to take on a further 22,000 sq ft while simultaneously negotiating an extension of the lease on our existing premises – which was exactly the result we wanted.” Stewart Coles said: “We work

hand in hand with our clients and their plans, and with cooperation from all parties we were able to work swiftly, completing both leases in around three weeks from instruction. “It’s very much business as usual

for Thursfields’ commercial property team and our clients. The Covid-19 pandemic has had a devastating effect on many businesses, but used positively the lockdown has given business owners the opportunity to step back and assess their property needs.”



Italian giant buys stake in Fazeley-based drinks firm

An Italian drinks dispensing specialist has taken a 30 per cent stake in a Fazeley-based company which is in the same line of business. The Italian firm is Celli Group, and

it has bought into T&J Installations, a company founded in 1984 by former brewery technician Derek Jones and ex-colleague Ken Taylor. T&J has 95 employees, including

65 technicians, working across seven branches including its Fazeley headquarters.

‘It’s a challenging and complex time for the drinks sector, as it is for many others’

T&J’s clients include businesses

in the UK’s hospitality sector, such as pubs, hotels, restaurants, independent brand owners and national chains. Celli, established in 1974, is a

global leader in the beverage dispensing industry. It was founded in Rimini, but in 2009 moved to its current headquarters at San Giovanni. Four years later, the founding

Celli family sold part of the fund to Italian private equity fund Consilium, which was the start of its transformation into a multi- national business.

Ian Jones: ‘Challenging’ time for the drinks sector

T&J managing director Ian Jones

said: “We’ve always taken great pride in the quality of our service – it’s the reason why our customers have always supported us. “We’re excited at the prospect of

working together with Celli. We’re both companies with a long history – T&J has been operating for 35 years and Celli was founded 45 years ago – but we’re also both focused on the future. “Joining forces provides us with

the opportunity to grow within the UK market by continuing to embrace new technologies to add to our range of innovative products. Furthermore, our customers will benefit from enhanced levels of service. “It’s a challenging and complex

time for the drinks sector, as it is for many others, and we’re working hard to support urgent requirements. It’s by coincidence that we’re announcing this now, but having Celli onboard helps us to ensure that we fulfil our responsibilities throughout this challenging period for all of us, and beyond.” Celli’s UK managing director,

Nigel Farrar, said: “The Celli Group is a leader in the UK in the design and production of the ‘complete solution’ in drinks dispense equipment. “We now find it essential to

support our customers with both equipment and technical assistance services. “T&J Installations, with their

reputation for excellence in the market, is the best way for us to develop this part of our offering. This takes place in the middle of a particularly critical period, not only for our country but also for many other countries as well. It is proof of how much Celli Group believes in the future of this market.”

Cutlery maker temporarily closes

Family cutlery firm Arthur Price has temporarily closed during the Covid-19 crisis. The firm followed the closure of its factory shop,

due to worries over social distancing, by shutting down its Birmingham and Sheffield factories, and Lichfield HQ. Arthur Price chief executive Simon Price said:

“After the decision by the Prime Minister to restrict movement we immediately closed our two factories and administrative headquarters temporarily having closed the factory shop in Lichfield. “I’d like to thank every single member of the team

for working with me during these difficult days, everyone has been brilliant; thoughtful and considerate of other staff, suppliers and customers and I thank them during this unprecedented worldwide crisis.” “We stayed open even during the two world wars,

survived the great depression but this situation is different, and I pray for everyone that they stay fit and healthy. “Please if you can support local independent

businesses who are still able to open and are providing essential services while of course following social distancing advice. “Everyone please stay at home. We may come

Simon Price: ‘Unprecedented’ crisis

back a slightly different society, but we will prevail. I am convinced with the measures that we take now we will beat this terrible virus.”

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