Annual profits strengthen for Hill & Smith

AN aborted attempt to strengthen its position in the galvanising sector does not appear to have dented Shirley-based engineering group, Hill & Smith’s annual performance.

The group abandoned the proposed £10.5m acquisition of a Shropshire galvanising firm in July following a disagreement with markets watchdog, the Competition and Markets Authority.

The group had announced in April that its subsidiary, Joseph Ash, intended to acquire Telford-based W Corbett in order to improve its offering in the galvani... For the full story register now for free or login below...