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The Business Magazine July 2024
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Bristol-based Leviathan Engineering buys UK Precision

The Business Magazine article image for: Bristol-based Leviathan Engineering buys UK Precision
21 October 2022

 Leviathan Engineering (Leviathan) has acquired Exeter based UK Precision (UKP).

UKP is a sub-contract precision engineering company specialising in the supply of high-quality machined components using the latest CNC technology.

UKP has experience in motorsport, medical, marine, defence, hydraulics, electronic and rail. With more than 25 years of experience in the sector, and capabilities ranging from simple washers to medical implant technology, the business provides the ultimate professional service.

The business doesn’t just produce parts, UKP provides a detailed engineering support service to solve the issues of various high-quality clients.

Leviathan brings additional expertise to develop the business, supplementing the skills of the established onsite management team.

https://www.businessinnovationmag.co.uk/bristol-based-leviathan-engineering-buys-plymouth-company/

Andrew Warren, previously UK Precision MD, continues to be a shareholder in the business. He said: “We’re very pleased to see UKP joining the Leviathan Group and look forward to handing over and seeing the business continue to grow”.

Colin James, Co-Head of Origination at SME Capital, added: “Andrew and Emma Warren developed UKP into a very strong business over many years with a very strong reputation for high quality products. Under the leadership of Glenn Karlsson and with the assistance of the broader Leviathan team and the operational management in UKP we look forward to supporting the business in its exciting next stage of development”.

Leviathan CEO Glenn Karlsson and CFO David Sneddon are closely supported by Leviathan’s two extremely experienced engineering and manufacturing experts in Barry Debenham and Kevin Parkin.

The team will be developing plans over the coming months to further expand the unique services and capabilities of the company including synergy to the wider group.

SME Capital have agreed to provide a bespoke 5-year term facility.

UKP is Leviathan’s second acquisition in only 10 months within the subcontract engineering sector where the strategy of an extensive buy and build program to create a wider, integrated engineering group headquartered in Bristol is now in full flow.

Leviathan continues to focus on premium value and growth sectors where various engineering services can be shared to address larger, more technical projects.

SME Capital was supported by Amber Kennedy at GPP, with Carly Brown and Andrea Unwin at Clarion providing advisory services.

Rachael Reeves, Louisa Leach at Harrison Clark Rickerbys Ltd, and Martyn Gregory,Lizzie Hill at Deloitte supported Leviathan with the acquisition.


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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