NNC management buy-out to bring 100 engineering jobs to the north

NNC expects to create up to 100 engineering jobs at its north of England sites, following a management buy-out of the firm last week from the General Electric Company. The engineering and technology consultancy said it plans to create a total of 200 technical posts over the next two years at its Knutsford headquarters and […]

NNC expects to create up to 100 engineering jobs at its north of England sites, following a management buy-out of the firm last week from the General Electric Company.

The engineering and technology consultancy said it plans to create a total of 200 technical posts over the next two years at its Knutsford headquarters and its manufacturing centre at Risley.

The company employs nearly 1,000 people.

`We’re looking for professionally qualified mechanical, electrical and instrumentation engineers and safety specialists,’ said a company spokesman.

Under the terms of the buy-out, venture capital company 3i will take a 51% stake in NNC and the management, led by chief executive Paul Kershaw, 34%. The remaining 15% has been acquired by British Nuclear Fuels. Dr Sue Ion, BNFL director of technology and operations, will become a non-executive director.

The value of the deal was not disclosed. Kershaw said the change in ownership would consolidate NNC’s position in the market and allow it to develop strategic relationships with its core clients.

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