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All Steels Completes Acquisition of Bromford Iron & Steel-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
10/2/2019 緊固件展-緊固件采購(gòu)會(huì)-國(guó)際緊固件展-fastener expo |
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Thirsk based All Steels Trading Ltd has completed its acquisition of Bromford Iron & Steel in West Bromwich from the OSSL Group. Established in 2006 by current managing director Laurence McDougall, All Steels Trading imports a range of both long and flat rolled products, warehousing and processing them in the UK before their onward sale. The acquisition will bolster the ongoing expansion of the Yorkshire firm, as well as safeguarding the 38 jobs at Bromford’s site in Oldbury. The deal was supported by a number of Yorkshire advisers including Clarion in Leeds which provided legal support to All Steels Trading; Martin Holden of Saffery Champness in Harrogate which provided taxation advice; and HSBC’s corporate team in Leeds for assisting with banking and financial advice.
All Steels Trading managing director Laurence McDougall said that “The acquisition of Bromford Iron & Steel offers excellent synergy with our other UK steel related businesses, but especially with our Wolverhampton-based Special Steel Sections rolling mill. The acquisition also confirms our commitment to supporting and investing in traditional British industries, and safeguarding a significant number of UK jobs. We believe British companies in this industry sector are more than capable of not just supporting domestic steel requirements but successfully competing on the world stage – and the support of All Steels Trading and its group of UK steel manufacturing companies will no doubt certainly help them to do just that.”
緊固件展-2020第二十一屆廣州國(guó)際緊固件及設(shè)備展覽會(huì)-巨浪展覽
-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
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