2013 shaping up to be a great year for hydraulics company
A Tyneside hydraulics firm has proven it is fit for purpose
after signing a deal to provide maintenance support to the company
behind Britain's latest exercise system.
Quick Hydraulics, which is based in North Shields, has been
named as service partner for SpeedFlex across the UK and will
provide specialist maintenance support for its fitness
The announcement was made at an open evening to showcase the
development and growth of Quick Hydraulics and the unveiling of a
newly extended facility at its base at New York Industrial Park
before more than 100 guests.
The company was started 30 years ago and provides hydraulic
design and manufacture, installation, commissioning and service to
customers around the world.
Managing director Andrew Esson said: "Our vision has been to
establish Quick Hydraulics as the leading technology experts in
hydraulic systems in the north of England.
"We have a fantastic team and we are delighted that their
technical capability and strong service ethos has led to this
partnership with SpeedFlex."
Paul Ferris, of SpeedFlex, said: "As a young and innovative
company it is important that SpeedFlex forms relationships with
professional and reliable partners. It is clear that Andrew and his
team at Quick Hydraulics will provide us with excellence as we both
The US-born system, which provides a high-intensity, low-impact
workout, was brought to the UK by co-founder of software giant Sage
Graham Wylie, who has plans to expand from his Newcastle centre run
by Mr Ferris to five centres in the UK and on to the Middle
The new deal follows a record year for Quick Hydraulics which
saw it increase turnover by 25 per cent and secure top place in the
Ernst & Young Manufacturers' League of the region's most
successful manufacturing firms.
Mr Esson led a management buy-in (MBI) 16 months ago with
investment from Santander. FW Capital stepped in once the MBI
had been completed to provide Quick Hydraulics' management team
with the capital they needed for expansion.
Commenting on Quick Hydraulics' success, Rob Jones of FW Capital
said: "Quick Hydraulics' tie-up with SpeedFlex is excellent
news and testament to the management team's long-term focus and
hard work. We're pleased that FW Capital was able to
structure an investment that has underpinned such a successful year
for the company and we look forward to further success in 2013."
Since the MBI the team has grown from 14 to 22 plus three new
apprentices . The company has also invested in new
technologies, a new customer training school and office and meeting
room facilities. Mr Esson, North East Business Executive of
the Year 2011 for Tyneside and Northumberland, added: "The opening
of this extension and the new partnership has got 2013 off to a
great start and gives us a great platform from which we plan to
grow further this year, including expanding with a new base in
The company stocks a wide range of hydraulic products and also
runs hydraulic engineering training courses.