New owners of North East engineering business complete major Russian export order
A silo discharge machine (SDM) has been sold to a Russian cement plant in a major export deal by a UK bulk-handling equipment manufacturer advised by Chamber International.
The silo discharge machine (SDM), specified and commissioned by Middlesbrough-based Louise Engineering Ltd, was acquired by a privately-owned cement plant in Russia’s Sverdlovsk region.
The order was among the first fulfilled by Louise Engineering Ltd since the company, originally founded in 1970, was acquired by two overseas businessmen, joint managing partners, Peter Gasch, a German and his Ukrainian colleague, Mykola Popovych.
The two were previously senior managers at medium-sized companies in the same field in Germany and Poland.
Peter Gasch says: “We both know the bulk materials handling sector, which is relatively small, very well and wanted to run our own business. We also knew Louise Engineering Ltd and that its product range corresponded with that of our former employer and that its owner wanted to sell. Louise is an old but well-known trademark and we saw this as an opportunity to develop the business in our own way.
“We could not resist the offer made to us which was beneficial to all parties. We we acquired the business from our own funds and now plan to build it up.”
Louise Engineering Ltd marks its 50th anniversary in 2020, and Peter Gasch and Mykola Popovych say they are planning to hire more staff, particularly engineers and software designers, to regenerate the company as a global business by extending its product range
The company designs and specifies bulk handling materials technology to meet specific customer requirements and outsources manufacture to specialists around the world with a key consideration being close to the customer for easy transportation.
Chamber International provided a range of advice to Louise Engineering Ltd, including assessing and issuing a European certificate of origin, a vital customs clearance document used to determine tariff rates and the origin of the exported product, for the silo discharge machine confirming that it was from a UK business and allowing its entry to Russia.
Peter Gasch adds: “Chamber International was very helpful and provided thorough assistance from brochures and other important documentation. Without its thorough support provided by different experts, which was unique in our experience, we would not have been able to provide the necessary certificate of origin and complete the export order on schedule.”
Chamber International director, Tim Bailey, says: “It is great to see manufacturing companies in northern England being revitalised by business people from within the mainland EU. Certificates of origin are crucial to facilitating world trade and we were pleased to assess the manufacture of the silo so it could be released by customs and delivered on time to the client in Russia.”
Chamber International helps hundreds of new and experienced exporters throughout the UK with a wide range of specialist services to make exporting easier and more cost effective.
Contact our specialists now on 0845 034 7200 or email for advice.
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