Singapore metals trader swoops for £70m turnover Walsall steel firm

Colin Mills ( CEO) , Tarlok Singh ( Chairman) , Ravi Trehan ( Aar Tee owner)
Aar Tee, a global metals trading business with hubs in London, Dubai, Hong Kong and Singapore, has acquired Walsall-based Acenta Steel, the UK’s largest independent processor and distributor of bright and engineering steel bars, for an undisclosed price. Acenta Steel can trace its roots back to the 19th century and supplies steel products to nearly 5,000 customers worldwide. Headquartered in Willenhall, Acenta Steel achieved turnover of £68.4m and pre-tax profits of £2.6m in the year to December across its six sites in the U... For the full story register now for free or login below...