Wed, 15 Feb 2012 | BUSINESS SALE
Hampson Industries, the aerospace components and tooling supplier, has placed itself up for sale amidst large debts and a potential problem with its largest order.
A problem with a £53 million contract with Boeing is expected to lead to delays in deliveries until 2013. Hampson is reviewing the potential impact this may have on its turnover and profits. It is to speak with Boeing to secure its approval on the order.
The firm has been disposing of assets in response to its substantial debts of about £55 million. This debt figure is down from £88 million, following a sale of its shims business - which manufactures spacers used in aerospace structures - for £51.5 million in October.
Founded in 1947, Hampson is in early stage talks with unnamed potential buyers of its BHW components business in the UK and its Indian operations – which were put on the market in November.
DC Advisory Partners and Dargent Advisors have now been brought in to seek a sale of the whole company.
In a statement West Midlands-based Hampson said: “The board also believes it to be prudent to review actively all financing and strategic options, including a sale of the group”.
Presenting a well-established bespoke kitchen design and installation business located in South Manchester, known for its exceptional craftsmanship and personalised service.
A well-established and profitable home improvement manufacturer located in the North East offers an attractive investment opportunity.
Vendor specialises in transporting shipping containers by road from for major UK container ports. Shipping lines, freight forwarders and cargo owners use the company to move goods from these ports to the destinations specified by clients.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.