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Ayrshire-headquartered construction, property and investment business Edison Group has acquired Crown Architectural Systems. Crown Architectural Systems is a north-east of England-based company which operates from a 6500 sq. ft facility in the City of Sunderland district of Tyne and Wear, and e ....
From left. Jane Siddle of NEL Fund Managers with Ian Innerd and Peter Smith of Armarium Crown with, back, from left, Graeme and Andrew Mersh A NORTH-East manufacturing firm is making plans to expand under new ownership after securing a six-figure investment from a small loan fund. Armarium Crown acquired family-owned Crown Doors & Shutters after founder Mike Mersh decided to retire, with Mike’s sons Andrew and Graeme, who have both worked for the business since it was set up in 2007, being promoted to managing director and contracts director respectively as part of the company’s evolution. The Washington-based firm has now worked with regional fund management firm NEL Fund Managers to secure a £100,000 investment to help it deliver more of its growth potential. ....