ENGINEERING business Precision Technologies Group (PTG) has sold four of its Rochdale-based businesses to a company listed on the Hong Kong stock exchange as part of a £20m deal.

PTG has sold Rochdale-based subsidiaries Holroyd Precision, Precision Components, PTG  Advanced Developments and Milnrow Investments and German business PTG Deutschland to Chinese machine tool maker Chongqing Machinery & Electric Company (CMEC).

Yorkshire-based heavy engineering subsidiary PTG Heavy Industries has been acquire......for the full story register now for free or login below...