Electronics manufacturing, assembly and test firm Arian EMS plans to create up to 30 new jobs following its acquisition by investor CorqAcq.
The undisclosed deal means the Ashington-based printed circuit board specialist comes under the ownership of the North West-based backer, which was founded by business magnate Simon Orange and sold earlier this year to Asda investor TDR Capital. Now, 40-strong Arian is said to benefit from continued investment in its people, processes, and production capabilities.
Arian was founded in 2017 by Malcolm Humble, who saved a number of jobs after predecessor firm Infoteam ceased trading. He has retained a stake and will continue with Arian in a strategic role.
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The firm deals with complex electronic systems for a range of industries, including the automotive sector. Since launch it is said to have grown and earned a reputation for reliability, fast turnaround and high standards.
Mr Humble said: “The deal marks a major milestone in our journey. Joining the CorpAcq network positions the business for long-term success and gives us the platform to take the next step. Their backing allows us to invest further in our manufacturing capabilities – particularly in new machinery – and to keep developing our brilliant team.
“It’s a genuine partnership. CorpAcq understands our values and shares our ambition for growth. We’re now pushing ahead with bold expansion plans – aiming to double in size, create around 30 new jobs, and build a second factory alongside our current facility. We’re also actively exploring three or four strategic acquisitions to accelerate that growth.
“With their support, we’re in a strong position to build on everything we’ve achieved so far – and to keep delivering the high-quality service our customers have come to expect.”
Simon Orange said: “From the first conversation, it was clear that Arian EMS is a business with real depth – experienced, customer-focused, and full of energy. What really stood out was the team’s ability to stay responsive and hands-on, even while growing at pace. Our role is to support good businesses to keep doing what they do best, and we’re really looking forward to backing Malcolm and the team as they take the next step.”
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UNW provided corporate finance and tax advice to Arian EMS on the transaction – legal advice was provided by Ward Hadaway.
Nick Broadhead, corporate finance partner at UNW, said: “It’s been a real pleasure working with Malcolm and the team throughout this process. They’ve built an impressive business with a strong culture and a clear focus on quality – both in their output and in how they develop their people.
“This deal brings together a committed management team and a supportive, experienced investor in CorpAcq. It’s a great fit, and one that puts the business in a strong position for continued growth. We’re proud to have played a part in facilitating this partnership.”
Richard Butts, a corporate partner at Ward Hadaway, added: "CorpAcq have clearly identified the combination of talent and quality within Arian EMS. With their backing and supportive input, I look forward to seeing Malcolm and the team achieve even bigger and better things in the future."