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Guhring Ltd Marks Dual Milestones in 2023: 125th Anniversary and 50 Years of Birmingham Subsidiary

by Anna

Birmingham, UK – Guhring Ltd, the renowned Midlands-based tooling manufacturer, is in a celebratory mood this year as it commemorates its remarkable 125th anniversary and the 50th anniversary of its first subsidiary in Birmingham.

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In honor of this double jubilee, Guhring is extending its heartfelt gratitude to Prime Accountants Group, an enduring supporter and advisor to the German tooling giant since its establishment on British shores in 1973.

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Over the decades, Guhring has strategically evolved its British presence, culminating in its relocation to a state-of-the-art 60,000 square foot factory in Aston, Birmingham, which has been its home since 2017.

Since branching out from Germany in 1973, Guhring has charted an impressive trajectory of growth, boasting a global network of 47 subsidiaries.

The Birmingham team collaborates with Prime, a fellow Midlands-based entity, for a range of critical functions. These include pivotal tasks such as the year-end audit and the submission of financial outcomes to Guhring’s headquarters in Germany.

Chris Weston, the Managing Director of Guhring’s Birmingham subsidiary, reflected, “Guhring’s dual milestones this year are reasons for profound celebration. We’re taking this opportunity to express our gratitude to all who have contributed to Guhring’s journey so far.”

“I’ve been with the company for 24 years, and during that time, I’ve worked closely with Morgan, Leigh, and the team at Prime Accountants. Their unwavering support for our financial services needs has been invaluable. Prime’s creation of quarterly and yearly reporting packs, dispatched to our German headquarters, eases our minds, knowing we can rely on a well-established supplier to generate precisely what’s required.”

Weston continued, “Our association with Prime is remarkable, and we anticipate the next 50 years to mirror the excellence of the previous half-century.”

Beyond accounting and audit services, Guhring has harnessed the expertise of Prime’s research and development team, successfully applying for substantial business grants even before the onset of the Coronavirus pandemic in 2020.

During the pandemic, Guhring maintained its operational integrity, owing to the spaciousness of its 60,000 sq ft factory in Birmingham, allowing for safe social distancing among its workforce.

Morgan Davies, Director for Prime Accountants Group, commented, “This is a year of jubilation for Guhring, both in Birmingham and globally. We take pride in playing a part in their achievements as they reach this significant 50-year milestone of UK operations.”

“Operating from our three Midlands offices, Prime delivers a comprehensive suite of accountancy services. We deeply value the enduring relationships we’ve cultivated with long-term clients like Guhring. Their respect and commitment have been instrumental in building this strong and lasting partnership.”

As Guhring marks these exceptional milestones, the synergy between enduring dedication and steadfast partnership stands as a testament to their legacy of excellence.

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