23 May 2007
Fishburn Hedges' financial practice has been appointed following a competitive pitch to raise the City profile of Tanfield Group Plc. The Fishburn Hedges team will work on a retained brief, representing Tanfield to both financial media and analysts.
The team, which reports to Tanfield Chief Executive, Darren Kell, will be led by Morgan Bone and James Benjamin, with support from consultant Julie Kangisser.
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Tanfield recently announced a major contract to supply Sainsbury's with electric vehicles for their urban delivery fleet. The company has tripled in value in the last six months and has a market capitalisation of approximately £400m.
Morgan Bone, co-head of Fishburn Hedges’ financial practice, commented:
“Tanfield has grown incredibly rapidly in recent months and has a great story to share with the City. The challenge is to articulate both its success so far and the company’s potential to grow even further.
“This is an important win for Fishburn Hedges and, as we continue to build our financial practice, adds an important new string to our bow.”