COOKSTOWN manufacturer BA Components has announced a significant new investment it hopes will help the firm become a market leader in the UK market.
Specialists in the manufacturing of kitchen and bedroom doors and furniture components BA Components has announced a new investment from H2 Equity Partners, which will support the company's strategy of continued investment in its manufacturing sites and product development.
Established in 1990 by twin brothers Brian and Kieran McCracken, BA has three manufacturing sites in Cookstown, Doncaster and Rotherham. The company has grown strongly in recent years and featured at number 50 in the Top 100 Owner Managed and Family Businesses in Northern Ireland rankings.
With some of the most advanced manufacturing facilities in the UK and Ireland, BA have substantially expanded into new market areas both in the UK and across the globe, and currently exports to more than twenty countries.
The investment from H2 will support BA's aim of becoming the UK’s clear number one specialist door and furniture component manufacturer, and a one-stop-shop for mid-to-high-end doors and tool-free cabinets.
Brian McCracken, managing director of BA said:
“We chose to partner with H2 based on their good knowledge of our sector and excellent track record built up over twenty-six years of working with family-owned businesses. Both Kieran and myself will remain actively involved in the business and we look forward to working with H2 to build on the core drivers of BA’s success which are a broad range of high quality products and excellent customer service.”
As a result of the investment Simon Gilbert and Cathal Turley of H2 will be joining the board of BA. Mr Gilbert said it was an "excellent opportunity" to invest in a market leading business.
"We have been very impressed with the quality of the business and their focus on the customer, and look forward to continuing BA’s success.”
Day to day operations at BA will be business as usual, with both Brian and Kieran McCracken remaining as significant shareholders.
