Administrators called in to a Newport steel plant are trying to find a buyer in the new year. The Alphasteel site, which went into administrative receivership on 21st, employs more than 400. The compa... [more]

As part of Trelleborg’s strategic and operational action program within the Trelleborg Automotive business area, Trelleborg has entered an agreement in principal to divest its operations in Coventry, ... [more]

Invensys plc has announced that it has entered into an agreement to sell APV to SPX Corporation for a cash consideration of £250m, subject to customary regulatory approvals. The disposal is being made... [more]

Amec, the UK-based support services group, announced yesterday that it is to sell its 50 per cent stake in its Amec Spie Rail Systems business to French infrastructure company Colas for an estimated £... [more]

Mounting talk surrounding the possibility of a sale of Weir Group’s founding business Weir Pumps to Swiss company Sulzer, was yesterday further fuelled by the refusal of a Weir Group spokeswoman to ... [more]

Smiths Group is to sell its London-based aerospace division, which has 11,500 staff and manufacturing facilities in five countries, to General Electric of the US for £2.4bn.... [more]

UK-listed engineering group Melrose is rumoured to be close to a sale of its aerospace division. ... [more]