The TNG Growth Story
About the Needham Group
The Needham Group is a family owned company founded in 1962. As a family company a strong set of values direct the conduct of the business. These values combined with a dedication to delivering a combination of innoative products and excellent service have helped make the company the success it is today.
“We firmly believe in establishing loyal, honest and long term relationships with our partners.”
David Needham (Group Chairman) took over the business in 2001 and not long after recruited Aled Ellis who has risen through the ranks to become Group MD. Both David and Aled have a passion for building businesses that combine innovative products and world-class customer service. Over the past 10 years the company has achieved 10x turnover through a combination of organic growth and strategic acquistion. The business continues to innovate and position itself at the cutting edge of the markets it operates in.
In 2014, Needham Coding was appointed as exclusive UK and Ireland distributor for the Tykma Electrox range of lasers. Over time the board of TNG spotted an opportunity to achieve a vision of developing and manufacturing their own laser. Needham Laser Technologies was introduced to The Needham Group in early 2019 when it launched its range of laser marking systems. TNG manufacture quality products that are made in Britain, as well as support the next generation of engineers in the UK. There are now global opportunities to sell a quality, UK manufactured product supported by world-class engineering support. Aled is building a sales team and distribution network that can help deliver the sales growth to support the next phase of 10x growth.
Needham Ink research, develop and manufacture a wide range of fluids for a vast selection of industrial printer makes and models. Inks represent a multi-billion pound market that is continually innovating with new applications and uses. Needham Ink have a reputation for delivering innovative ink solutions for global household brands. Aled is leading a team of chemists and ink innovators to help develop the products of the future.
We have worked alongside Aled over a number of years to help provide a wide variety of support. Over time, the type of support provided has varied but has largely focussed on helping drive the vision, strategy and board meeting governance. We have also helped Aled define the roles required to help drive the growth and build the sales team.
“Wellmeadow have provided a wide variety of support to TNG as we have grown over the past 10 years. Their involvement in helping us create the vision, manage our governance, build the team, and drive 10x growth has been invaluable”