Northbridge hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, USA, Dubai, Germany, Belgium, France, Australia, New Zealand, China, Singapore, Brazil and Korea, 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 and oil tools. Further information about Northbridge is available on its website: www.northbridgegroup.co.uk
Northbridge’s shares are admitted to trading on AIM.
We acquired our interest in Northbridge in 2006 when Northbridge’s shares were first admitted to trading on AIM following its acquisition of Crestchic Limited. Mr D C Marshall was appointed a non-executive director of Northbridge at that time and remained a non-executive director until July 2019. He was also a member of Northbridge’s Audit and Remuneration committees. City Group served as company secretary of Northbridge from 2006 to 2011.
The Company currently has a shareholding of 3,300,000 ordinary shares representing 11.8 per cent of Northbridge’s issued ordinary share capital.