Engineering firm stokes up fire with first acquisition
Date added:
30/01/2015
AN engineering and project management consultancy has made its first acquisition with a swoop which could help the company double its £10m turnover. Otto Simon Holdings, based in Cheadle, near Manchester, has completed an asset purchase agreement with KPMG, the administrators of Scottish engineering company John M Henderson. The deal sees Otto Simon acquire John M Henderson’s coke oven machinery technology and expertise, which ensures the long-established brand survives. Otto Simon has re-employed some staff from John M He....
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