Founded over a century ago as a supplier of valves for steamships and lamps for miners, Manchester’s Bifold now makes valves and pumps for the oil and gas industry. In 2012, LDC backed a £70m buyout led by managing director Gary Jacobson, 45. The group has offices in Houston and Singapore, and, helped by strong demand and the launch of new products, profits hit £8.7m in 2013.
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