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Hampson Industries sells US operation after entering administration

Hampson Industries
Hampson Industries
Andy Coyne
Andy Coyne
Editor, West Midlands

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...

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