An investor in the likes of DFS, Card Factory and Marston's has taken a stake in a North West giant.
Aberforth Partners has acquired a 5.12% holding in James Fisher & Sons.
The Cumbria-headquartered group is listed on the London Stock Exchange, provides marine engineering services, and can trace its roots back to the 1840s.
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The largest shareholder remains the trustees of the Sir John Fisher Foundation which has a stake of almost 23%.
Schroders plc also has a holding of just under 10% and Standard Life Aberdeen plc Investments holds 7.13% of the shares.
Other notable investments held by Aberforth Partners include Lookers, FirstGroup and Rank Group.
The move comes after James Fisher & Sons recently announced that Jean Vernet had been appointed as its new chief executive.
He will take up this position on September 5 and succeed Eoghan O'Lionaird.