25th Oct 2013 15:01
25 October 2013
Northbridge Industrial Services Plc.
("Northbridge" or the "Company")
Jim Gould
Northbridge Industrial Services plc, the industrial services and rental company, regrets to announce the death of Jim Gould, a non executive director of the Company and the founder of Crestchic Ltd, which was the first acquisition made by Northbridge in 2006. Jim, who was 79, had remained active within Crestchic until a few days before his death.
Eric Hook, Chief Executive Officer of Northbridge said: "I am very saddened by the death of Jim whom I have known for a long time and worked with for the past eight years. Jim Gould founded Crestchic in 1984, and, following its sale to Northbridge in 2006, had joined the board in an advisory capacity. On behalf of all at Northbridge, our condolences are extended to his family."
For further information:
Northbridge Industrial Services plc Eric Hook, Chief Executive Officer Craig Robinson, Finance Director
| 01283 531645 |
Westhouse Securities Limited (Nominated Adviser and Broker) Robert Finlay / Antonio Bossi / Paul Gillam / Henry Willcocks
| 020 7601 6100 |
Buchanan Charles Ryland / Clare Akhurst
| 020 7466 5000 |
About Northbridge:
Northbridge Industrial Services plc hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, India, Brazil, Korea and Azerbaijan, Northbridge has a global customer base. This includes utility companies, the oil and gas sector, shipping, construction and the public sector. The product range includes loadbanks, transformers, generators, compressors and oil tools. Northbridge was admitted to AIM in 2006 since when it has recorded increased earnings and dividends based on providing a high level of service, responsiveness and flexibility to customers. It has grown by acquisition of companies in the UK, Dubai, Azerbaijan, Australia and Belgium and through investing further in those acquired companies to make them more successful. Northbridge continues to seek suitable businesses for acquisition across the world.
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