Family to sell £330m-turnover metals trader
A family-run metals trader that has been a force in the global steel supply chain for more than 50 years is about to change hands, documents seen by TheBusinessDesk.com show.
Derek Raphael & Company, based in Cirencester, has entered into an agreement to sell the molybdenum specialist and the deal with the unnamed buyer is expected to complete this month.
The company's turnover fluctuates with the price of moly, but generated revenues of $451m (£330m) in 2025. Pre-tax profits came in at $9.1m (£6.7m).
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