{"id":3493,"date":"2026-05-22T08:13:50","date_gmt":"2026-05-22T08:13:50","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=3493"},"modified":"2026-05-22T08:13:50","modified_gmt":"2026-05-22T08:13:50","slug":"stats-us-growth-neuvior-funds-balmoral-comtec-sold-daily-business","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=3493","title":{"rendered":"Stats US growth, Neuvior funds, Balmoral Comtec sold \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Stats-Rosenberg-facility.png\" alt=\"\" class=\"wp-image-195501 lazyload\" style=\"width:840px;height:auto\"\/><img fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"533\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Stats-Rosenberg-facility.png\" alt=\"\" class=\"wp-image-195501 lazyload\" style=\"width:840px;height:auto\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Stats-Rosenberg-facility.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Stats-Rosenberg-facility-300x201.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Stats-Rosenberg-facility-768x516.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Stats-Rosenberg-facility-600x403.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Stats new US facility in Texas<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Pipeline engineering firm Stats Group has expanded its North American operations with the opening of a manufacturing facility in Rosenberg, Texas.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Its existing office in Houston, Texas, will support the new facility, which marks Aberdeen-based Stats\u2019 first dedicated manufacturing capability in the United States and represents the largest single capital project in the company\u2019s history.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The expansion is a direct response to increasing demand from operators for shorter lead times, and products manufactured locally in the US.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">It represents an important step in Stats\u2019 growth strategy. Increasing manufacturing capabilities in the US and aligns with the company\u2019s long-standing approach of investing in infrastructure and workforce in local markets.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>Aircraft parts manufacturer acquired<\/strong><\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Scottish aircraft parts manufacturer Aeropair has been acquired by Filetec which said that buying parts of the\u00a0business\u00a0would complement operations at its Amersham facility.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Glasgow-based Aeropair employed 16 staff when it collapsed into\u00a0administration. Most of its assets have been sold in the deal.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The company had previously operated from a smaller facility in\u00a0Renfrew\u00a0until November 2023, when due to the demand in the market, it moved to the larger facility in Glasgow.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Varun-Cruz.png\" alt=\"\" class=\"wp-image-195502 lazyload\"\/><img loading=\"lazy\" decoding=\"async\" width=\"950\" height=\"642\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Varun-Cruz.png\" alt=\"\" class=\"wp-image-195502 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Varun-Cruz.png 950w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Varun-Cruz-300x203.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Varun-Cruz-768x519.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/05\/Varun-Cruz-600x405.png 600w\" sizes=\"auto, (max-width: 950px) 100vw, 950px\"\/><figcaption class=\"wp-element-caption\"><em>Varun Cruz: mission<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>AI funding deal for Neuvior<\/strong><\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Scottish Enterprise is backing a feasibility by Neuvior Pharmaceuticals, based in Glasgow, into the use of AI in the deployment of medicines.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The company, which was set up last year, has been awarded \u00a399,000 in Smart: Scotland funding to support a nine-month feasibility study.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The longer term aim is to help the NHS make faster, better-evidenced decisions on generic medicines while keeping clinical, regulatory, financial and governance judgement within human teams.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Varun Cruz, founder of Neuvior, said: \u201cThis award supports Neuvior\u2019s mission to build medicines intelligence infrastructure for the NHS and healthcare systems globally. Across healthcare, the challenge remains turning medicine opportunities into measurable value.\u201d<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p class=\"has-medium-font-size wp-block-paragraph\"><strong>Balmoral Comtec sold<\/strong><\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">An offshore energy specialist founded in Aberdeen in 1980 and employing 400 staff has been sold to a German multinational.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Balmoral Group has agreed a sale of\u00a0Balmoral Comtec\u00a0to Freudenberg Flow Technologies \u2013 a privately held business operating in more than 60 countries and employing some 52,000 people. Financial terms have not been disclosed.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Balmoral Comtec has workers across Aberdeen, Glasgow and Houston in the US. It designs, manufactures and tests polymer-based products for offshore energy markets, including\u00a0oil and gas\u00a0and renewables.<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.5) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Stats #growth #Neuvior #funds #Balmoral #Comtec #sold #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stats new US facility in Texas Pipeline engineering firm Stats Group has expanded its North American operations with the opening of a manufacturing facility in Rosenberg, Texas. Its existing office&hellip; <\/p>\n","protected":false},"author":1,"featured_media":3494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[5758,5753,283,5759,282,37,581,5757,5754,1113,5756,5755],"class_list":["post-3493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","tag-balmoral","tag-balmoral-comtec","tag-business","tag-comtec","tag-daily","tag-funds","tag-growth","tag-neuvior","tag-neuvoir","tag-sold","tag-stats","tag-stats-group"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/3493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3493"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/3493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/3494"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}