Leicestershire metal finishing company offloaded by owner
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Hinckley-based Abbey Metal Finishing has been sold by its owner.
The firm, which operates a finishing process service for the aerospace, defence and general engineering sectors, has been sold, along with its German subsidiary, by Camelia to a newly incorporated company set up by GIL Investments.
Tom Franks, CEO at Camellia, said: “The sale of Abbey Metals and its subsidiary in Germany will mean those businesses will now have owners more committed to the aerospace market and therefore better able to invest in their future development.”