Metals business buys assets from collapsed heating group

Austen Adams
A Midlands-based metals business has strengthened its service offering by acquiring some of the assets of a heat exchange specialist in Yorkshire. Aldridge-based Maloney Metalcraft has acquired certain of the intangible assets of Ormandy Group from administrators at KPMG. A specialist design and engineering business, working primarily in the oil & gas and energy markets, Maloney Metalcraft has purchased certain of the intellectual property (IP) and other assets from the Halifax-based Ormandy Group and will integrate them wit... For the full story register now for free or login below...