News in the Manufacturing sector

Amadeus Associates International, the Wales-based manufacturer of baby cups and bowls, has entered administration with the loss of 26 out of 33 jobs. [more]

Mining group Anglo American Plc plans to raise up to £6m by selling some of its assets including UK business Ta [more]

John McGavigan Ltd, a major supplier to tier 1 manufacturers in the car industry, has gone into administration. [more]

Survitec, the marine safety equipment business, has been put on the market by the Manchester office of Montagu Private Equity with a price tag of £ [more]

In a wave of restructuring La Seda de Barcelona has put its chemical plant business Artenius UK into administration. [more]

Lingerie maker Intimas has brought in the administrators after a long spell of poor trading in the economic downturn. [more]

Oil producer Dragon Oil has received a bid approach. Emirates National Oil Co. (ENOC), which already owns 52% of the company, is currently holding talks with Dragon about a potential offer. [more]

One month after Weststar agreed to buy the struggling van maker, the Malaysian firm has pulled out, leaving LDV no choice but to go into administration to protect its assets. [more]

Malaysian vehicle importer and contract manufacturer Weststar has agreed to buy LDV. [more]

Dominic Wong and Richard Hawes at Deloitte have been brought in to find a buyer for Lockley Stainless and its division CPC Stainless, which both went into administration recently. [more]

The UK division of quarrying firm Ennstone is due to be placed into a pre-pack administration by lender Barclays, after running out of funds. [more]

BAE Systems will acquire VT Group's naval shipbuilding operations in July this year in a deal worth £380m, the Financial Times has reported. UK-based VT Group is preparing the division for disposal after re [more]

Citigroup has been brought in to assess the business of Dublin-based biotechnology firm Elan Corporation, in a strategic review. A merger, sale or strategic alliance are some of the options being considered. The move follows rumours that Pfi [more]

Ratiopharm, the drug maker business at the forefront of the Merckle empire, has been put up for sale in response to pressure from its banks to repay some of its €5bn debt. It is thought that other Merckle-owne [more]

Wrayram Engineers Limited, a Midlands-based manufacturing business, has gone into administration, leaving most of its 50 employees without a job. PricewaterhouseCoopers LLP was calle [more]

The Pininfarina family is to sell its 50.6% controlling stake in the leading car company, which designs and manufactures cars for Ferrari, Maserati and Ford, as part of a deal to restructure its debt. The business owes about £500m to its credi [more]

Chamonix Private Equity has put Mettis Aerospace, a Worcestershire-based manufacturer of components to airplanes, on the market with a price tag of £70m. Mettis Aerospace manufactures and suppli [more]

The British subsidiary of car parts manufacturer Wagon Automotive looks set to go into administration after its American billionaire controller, Wilbur Ross, failed in his attempt to persuade banks to contribute 12m euros to a 50m euros funding package that would have kept it operating for a further three months. It is thought that about 4,500 jobs could be [more]

BHP Billiton, the world's largest mining company is to decide, over the next two weeks, which of its iron ore mines it could sacrifice in a disposal, in order to gain the approval of the European Commission for its takeover of Rio Tinto. There are concerns in the steel ind [more]

Southampton-based acrylics manufacturer, Lucite International Group Ltd, has agreed to a takeover offer by Mitsubishi Rayon Co. Ltd. The deal, which has valued Lucite slightly high [more]