The Sheffield office of BDO LLP – which recently merged with PKF – has been appointed auditors by MTL Group as it revs up for growth.
MTL is a private equity backed manufacturing specialist, supplying advanced metal products to the key sectors of defence, recycling, construction, rail, and offshore and renewable energy. It operates from a 300,000 sq ft facility in Rotherham and a dockside facility in Blyth, Northumberland.
BDO won a competitive tender to provide audit and business advisory services to MTL Group. The company is also looking to expand its exports and overseas presence, with a long term plan to invest in overseas manufacturing facilities.
The BDO team was led by manufacturing specialists and partners Craig Burton and Chris Humphreys, with support from Rachel Heath.
Craig Burton, audit partner at BDO LLP in Sheffield said: “MTL is a dynamic and ambitious business that has set its sights on growth. It operates in sectors that provide real opportunities to such an innovative company, such as offshore wind and defence. We are very much looking forward to working with the management team going forward, providing audit services to support the company’s growth strategy.”
David O’Hara, Group Finance Director at MTL Group, said: “Choosing a new adviser to support our expansion plans was a big decision. We wanted to work with a proactive team that knows our market and is committed to a genuine partnership approach.
“BDO’s experience of working in advanced manufacturing and the sectors we supply to is impressive, as too is its international capabilities. We believe they will play an important part in our future success.”
BDO’s international network is the largest global accountancy organisation aimed at the mid-market, with revenues of over $6bn operating in 138 countries across the world.
