Business and people search

Hampson Industries sells US operation after entering administration

20th November 2012

Hampson Industries

Hampson Industries

STRUGGLING aerospace business Hampson Industries, which called in the administrators yesterday, has sold off its US operation.

US private equity firm American Industrial Partners has acquired the business.

Administrator Simon Ian Kirkhope said “The sale of the US businesses to AIP concludes a prolonged period of uncertainty and provides a stable platform for the profitable US operations to move forward.”

The Brierley Hill firm’s board told the Stock Exchange yesterday lunchtime that it ......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

55m Birmingham sports centre delayed

55m Birmingham sports centre delayed

20/07/2016Alex Turner

Data business bought in 83m deal

Data business bought in 83m deal

20/07/2016Alex Turner

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954