200 year-old manufacturer bought by Canadian investor
An independent hot dip galvanizer firm which was started in 1809 has been taken over by a Canadian private equity firm.
Ardenton Capital, which has its UK headquarters in Manchester, has made its maiden purchase after agreeing a deal for Corbetts the Galvanizers.
The Telford-based company's managing director Tim Ward and finance director Sophie Boothroyd have both invested alongside Ardenton.
The value of the deal was not disclosed, but in 2015 a £10.5m takeover bid by a subsidiary of Hill & Smith Holdings faltered after... You can carry on reading TheBusinessDesk.com 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...
