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Hull lifting specialist buys rival

9th March 2010

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L-R: Martin Overfield, Keith Johnson, Andy Svenson and James Mortimore of Absolute

L-R: Martin Overfield, Keith Johnson, Andy Svenson and James Mortimore of Absolute

HULL-based lifting equipment specialist Pearson and Curtiss has bought its rival in the city, JW O'Pray & Sons.The deal has created a £2m turnover business employing 19 staff at two sites in Hull. It will specialise in testing, making and supplying lifting and height safety equipment.The acquisition, valued at £1m, was funded with a package of facilities including invoice finance from Absolute Invoice Finance, formerly part of Batley-based Cattles.

Pearson and Curtiss also secured loans from the Hull Busine......for the full story register now for free or login below...


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