Coventry-based Expert Technologies Group has secured a multi-million-pound contract to supply robotic assembly systems to Sumitomo Electric Bordnetze (SEBN) in Spain. The deal, supported by a €1.4 million financing package from NatWest backed by UK Export Finance (UKEF), will see the company deliver two automated auxiliary harness assembly lines for electric vehicles. This marks Expert Technologies’ first major European project since Brexit and the pandemic, potentially opening doors to further continental opportunities.
Export Finance Enables Market Expansion
The UKEF-supported financing arrangement has provided critical working capital for Expert Technologies to undertake this international project while safeguarding 10 UK jobs. CEO Angelo Luciano emphasized the significance of this breakthrough, noting it establishes a new customer relationship with a major global automotive supplier. The company specializes in designing robotic systems that enhance manufacturing automation for original equipment manufacturers.
Midlands Manufacturing Expertise Goes Global
UKEF’s Fiona Begley highlighted how this deal reinforces the Midlands’ reputation as a manufacturing innovation hub, with local firms like Expert Technologies playing vital roles in international automotive supply chains. The contract demonstrates how UK engineering expertise continues to attract global demand despite post-Brexit trade challenges, particularly in the rapidly growing electric vehicle sector.
Banking Support Fuels International Growth
NatWest Trade Finance Director Duncan Ruffle underscored the bank’s commitment to helping UK manufacturers expand internationally through tailored financial solutions. The UKEF-backed facility represents a strategic investment in Expert Technologies’ export capabilities, distinct from previous Innovate UK grants the company received for automotive decarbonization projects.
Post-Brexit Export Success Story
This contract signals a positive development for UK advanced manufacturers seeking to rebuild European market presence after recent economic disruptions. Expert Technologies views the SEBN project as a potential springboard for additional continental contracts, demonstrating the ongoing global competitiveness of British automation and robotics engineering capabilities. The deal also highlights the effectiveness of government-backed export financing in supporting SME growth in international markets.
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