Our Clients

Redhall Group was introduced to Buchanan Communications by David Jackson, a successful entrepreneur within the support services sector (previously founder and Executive Chairman of Peterhouse Group), prior to him joining the company as Executive Chairman in mid-2005.

Redhall Group is a specialist engineering services group focused on the nuclear, oil and gas, food manufacturing and defence industries. Redhall is a dynamic story. Over just 24 months, it has been transformed from a loss-making micro-cap company with a lacklustre share price performance into a profitable business with fast organic growth and exciting acquisitions. Buchanan has been assisting Redhall throughout this process, which has seen the share price move over 660% from 30p to approximately 230p and the market capitalisation move over 1100% from sub £4m to approximately £50m.

At first, Buchanan's role was to explain the potential of the business and the vision of David Jackson and Simon Foster, deputy Chief Executive, who was also part of the Peterhouse team. Stage one was to reach the supporters of Jackson and Foster from their roles at Peterhouse. Next, the turnaround plan had to be explained and then the growth strategy developed and communicated.

Buchanan worked with the management team to ensure that all investment material (presentations, press releases etc) conveyed the right key messages and met the needs of the individual investment audiences. A timetable of meetings included sell-side analysts, national and investment specialist journalists as well as discretionary brokers to create some share trading liquidity. Once the fan club from Peterhouse had been reinvigorated, Buchanan moved on to create new followers and champions.  

Backed by a substantial share price growth of approximately 600% in 2006 alone and a strong financial performance, the initial turnaround has been completed successfully, and in July 2007, Redhall Group announced its second and biggest acquisition so far, that of Jex Engineering for around £12 million. By this stage, Redhall had moved through promise to turnaround and was now in the first stages of realising the vision. Buchanan's role was to keep attracting ever bigger, more influential and more powerful figures in the broad financial community.

Now with a free float of approximately 90%, a diverse blue-chip shareholder base and a good financial history, Buchanan's role has developed to support Redhall's management team in its proactive communications to the investment community and to maintain the interest in the Group's growth story from amongst sell-side analysts, investment journalists, discretionary brokers and all other important audiences.

"I have always enjoyed working with Buchanan who have supported us through good times and bad. They are professional in everything they do and utterly reliable. We look forward to working with them on the next phase of Redhall development of what is becoming a very exciting nuclear based growth story." - David Jackson, Executive Chairman of Redhall Group plc, February 2008