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Gresham House Strategic plc announces Pressure Technologies investment
We are pleased to have completed a strategic investment into AIM-listed engineering business Pressure Technologies.
Pressure Technologies is a company we have been monitoring and engaging with for over a year as the business has gone through significant strategic and management changes, and the team is delighted to be able to translate this interest into a material investment.
Pressure Technologies manufactures specialist components for global clients in the defence, oil and gas, marine industry and renewable energy sectors. It is based in Sheffield and was founded in 1897.
Its business comprises two key divisions:
- Precision Machined Components, supplying key components, to the oil and gas, defence and nuclear markets for extreme, high pressure or hostile environments
- Chesterfield Cylinders which designs, manufactures and maintains high-pressure gas cylinders for military and marine use, and is one of only five companies globally who can compete for ultra large cylinder contracts
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