Wednesday, January 12, 2011

Niagara Lasalle takeover

Willenhall-based steel firm Niagara Lasalle has been taken over by investor Endless in a £27 million deal.

The investor, which specalises in turnarounds, purchased the 300-strong West Midland firm from its US parent company Niagara Corporation.

Niagara Lasalle, which provides hot rolled and bright steel bars in engineering steel grades, had a turnover of more than £60 million last year.

Read the full story at the Birmingham Post.

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