R&G Fluid Power Group, a UK Fluid Power Solutions specialist serving a wide range of industries, has been named as one of the 50 fastest growing companies in the North West of England.
The prestigious Ward Hadaway North West Fastest 50 Awards, in association with the Greater Manchester Chamber of Commerce, celebrate growth, innovation, and the commercial achievements of North West businesses.
Based on financial data filed with Companies House, the list ranks the fifty best performing privately-owned companies which have consistently increased turnover whilst remaining profitable. R&G Fluid Power Group was ranked third following successful growth through multiple acquisitions and substantial infrastructure investment across the group of companies.
Since 2017, R&G Fluid Power Group has added carefully selected businesses to the group. Even during the COVID-19 pandemic, R&G have been able to expand through acquisition – adding Scunthorpe based FluidAir Power Ltd and Hull based Norman Walker (Machinery) Ltd. A further key factor in the group’s growth has been the successful trading and collaboration on joint projects between group companies.
The Fastest 50 list is being published as usual after a decision by the organisers to continue to celebrate these successes despite the impact of the pandemic, in an attempt to continue to motivate and inspire those operating in the North West business community.
Paul Johnson, Executive Partner of Ward Hadaway's Manchester Office, said, "Congratulations to R&G Fluid Power Group and every company in the Ward Hadaway North West Fastest 50 for 2021 for their tremendous achievements.
"This year’s Fastest 50 list, as always, boasts many management teams with an unwavering passion to succeed who have created high growth, profitable businesses. It’s this spirit, and the business success that it creates, that we are delighted to celebrate, particularly this year during such a challenging time for businesses."
Chris Ford, Managing Director of the R&G Fluid Power Group, added, “It is fantastic to be ranked third in the Ward Hadaway 2021 North West Fastest 50 List. This is brilliant recognition for our teams in all our businesses who are driven and who work exceptionally hard to grow the R&G Fluid Power Group.
“Thank you to everyone who plays their part in our continued success and congratulations to the other companies on the list, we are thrilled to be part of the business community driving success in the North West.”