Private equity group swoops for £40m-turnover manufacturer
Private equity firm Watermill Group has snapped up Andaray, a £40m-turnover Sheffield manufacturing group.
As part of the deal, all Andaray’s subsidiaries, including Cooper and Turner, a manufacturer of industrial fastenings for the wind, construction, rail and tunnelling sectors, are being acquired by the Massachusetts PE house.
Cooper & Turner began life in the 1800’s when Joseph and James Turner founded a gun barrel business in Birmingham and was amalgamated with Henry Cooper & Co in 1912 when production moved to... 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...