100 year-old manufacturer acquired out of administration

Sheffield precision engineering business Evenort has acquired 100 year-old Midlands manufacturer Alexander Comley out of administration. Administrators Rajnesh Mittal and Steven Martin Stokes from FRP Advisory were appointed to Alexander Comley Limited, based in Kingswinford, on the 5 July. The business saw turnover half in the past three years after a slashing in capital expenditure programmes by oil and gas majors across the sector in the wake of the global fall in oil prices. FRP sold the company to Greywolf Industries Lim... 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...
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