Manufacturer sold after two-year turnaround completes

Stainless Metalcraft has completed the sale of Rotherham-based Whiteley Read, which now has a turnover of £2.5m, to Glacier Energy Services. Metalcraft acquired the assets of the iconic British manufacturer, which has a long track record supplying pressure vessels and packaged equipment to customers in European oil and gas markets, in December 2016. The sale marks the successful completion of Metalcraft’s two-year turnaround plan for the company, which has provided valuable additional manufacturing capacity for its parent com... For the full story register now for free or login below...
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