Company Announcement

We are pleased to announce new investment into RP Technologies Ltd from a small group of investors led by Alistair Schofield, a senior executive with over 30 years of experience in the precision engineering sector.

The new investors will work alongside the existing management team to develop and grow the business, with Alistair Schofield becoming Chairman. The addition of new investors will provide secure foundations for the future development of the company and will also enable current Managing Director, Darren Withers, to progressively hand over his responsibilities as he moves towards retirement.

Alistair Schofield commented: “We are delighted to have made this investment into RP Technologies. Darren and his co-shareholders have been tremendously successful in building RP Technologies into one of the UK’s leading toolmakers and providers of high quality, complex manufacturing solutions, with a wide range of customers across several different sectors.”

“We have ambitious plans to continue the development of the business, and I look forward to working alongside Darren and the management team as we seek to innovate and improve and continue to support our many loyal customers with their requirements.”

Co-founder and Managing Director, Darren Withers, said: “The time is right to begin the transition in leadership of the company, and I am confident that as I move towards retirement, the management team of the business under Alistair’s stewardship will continue to take the business forward, with a strong focus on customer service and operational excellence. The new investors have strong manufacturing experience and will bring ideas, innovation and a real passion for developing RP so that it can reach even greater heights.”

RP Technologies would like to thank you for your continued support.

If you have any questions, please contact us on +44 (0)121 550 5868, or email info@rptechnologies.co.uk.