Listed company completes £2.5m disposal deal

Wakefield-based manufacturer Carclo has disposed of an asset of its loss-making subsidiary Wipac division.

As part of the previously announced strategy to refocus Wipac back on its historic low-volume high-end vehicle markets, some mid-volume programmes are being moved by customers to alternative suppliers.

A statement released by Carclo this afternoon said: "In respect to one of these moves, a specialist assembly line has been acquired by the associated customer. The customer paid £1.4m directly to... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...